Starbucks and Polygon will partner on the "Starbucks Odyssey" non-fungible token (NFT) loyalty program. Customers can buy or earn digital assets through the programme, and these assets will unlock exclusive rewards and experiences. The program's main goal is to migrate the current client base to Web3.
"Starbucks has always served as the Third Place, a place between home and work where you feel the warmth of connection over coffee, community, and belonging. The Starbucks Odyssey experience will extend the Third Place connection to the digital world. For the first time , we are connecting our Starbucks Rewards loyalty program members not just to Starbucks but to each other,” said Brady Brewer, chief marketing officer at Starbucks.
long-term opposition
The weekly chart reveals that in July 2022, MATIC escaped from a descending resistance line. The breakout was crucial, since the resistance line had previously been in place since the all-time high. Therefore, breaks from these long-term structures typically result in steady upward movements.
Even though the price has significantly increased, the weekly RSI has not yet crossed its bearish divergence trend line .
In order for the bullish reversal to be confirmed, this would be required. Additionally, this would result in an RSI increase above 50.
The closest resistance area, formed by the 0.382 Fib retracement resistance level and a horizontal resistance area, would be at $1.31 if the upward movement continues.
