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Polygon’s MATIC/USD recovers support. What next?

Polygon's MATIC/USD recovers support. What next? thumbnail
  • Polygon’s native token MATIC has gained by 8.00%, underlining solid recovery.

  • Brokerage firm Robinhood said it would launch its Web3 wallet on Polygon

  • Bulls are in control, but it remains to be seen of price action at $0.90 and trendline

Polygon’s MATIC/USD could be back to winning ways if the latest gains are to go by. As of press time, MATIC had added 8.00% and looked increasingly bullish. There has been a string of positive developments for the Ethereum Layer-2 scaling solution. Let’s look at the latest.

Robinhood, an online brokerage firm that promises commission-free trading, remains a retail darling. Although the popular trading platform has taken a hit this year, it always elicits excitement on ma

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