MATIC was in a bearish market structure. It could break below $0.7652. A break above $0.7781 would invalidate the above forecast. Since 28 December, Polygon [MATIC] has experienced several price rejections at $0.7652. In addition, Bitcoin’s [BTC] recent sideways market structure has also prevented the altcoin market from moving higher. MATIC has since fallen and
![Polygon’s [MATIC] short-term prediction for noise traders, and market timers](https://images.cryptocompare.com/news/default/ambcrypto.png "Polygon’s [MATIC] short-term prediction for noise traders, and market timers")
