The MATIC price has been consistently dropping for the past seven weeks, attributed to a descending wedge pattern. The two trendlines in this pattern acted as dynamic levels of resistance and support, causing the MATIC price to drop from $1.29 to $0.588, resulting in a 54.3% loss. Nevertheless, the downward momentum halting at the $0.625 support level indicates the possibility of a bottom being reached following the Bitcoin halving. Investors are seeking new opportunities for growth in the crypto market due to the lack of movement in MATIC token prices. DTX Exchange is being seen as a promising alternative for maximizing profits and is drawing interest from MATIC investors. A famous millionaire who made their fortune with MATIC has now invested in DTX, describing it as a bargain at $0.03. Experts predict a downward trend in prices for MATIC after conducting an analysis. The price of MATIC has been consistently increasing within the range of $0.772 and $1003 for nearly two weeks. The horizontal movement indicates that while the optimism related to Bitcoin halving has eased the decline, there is still not enough momentum for a significant recovery. The technical indicators for the Polygon token show a bearish trend with little possibility of a bullish rebound. Over the last month, the price of MATIC has dropped by 30% as shown by a series of red candles. The market cap decreased by 6%. The recovery of the daily RSI slope from oversold levels suggests that buyers are acquiring this asset at a reduced price.