Morpho price prediction: Technicals hint at sideways trend as MORPHO rallies 8.85%

Traders Union
All News
Crypto
Morpho gains 8.85% to $1.242 today

Highlights

MORPHO is trading at $1.242, showing an 8.85% intraday rally but remains below medium- and long-term trend levels (MA-50 $1.4897, MA-200 $1.7491).
Daily momentum indicators are broadly negative, with MACD signaling strong sell, ADX showing weak trend, and RSI at an oversold 34.5.
Base expectation is for MORPHO to remain in a $1.00–$1.29 range over the next 5 days, with probability of price increase below 20%.

Intraday rally contrasts with persistent negative daily momentum

Momentum indicators on D1 are broadly negative: MACD signals strong sell and ADX points to weak trend strength. RSI (34.5) and CCI (–107) both indicate oversold conditions, though Stoch RSI is neutral. BBP shows sellers dominating on the daily timeframe, with no substantial buyer pressure. Despite this, MORPHO has rallied 8.85% today ($0.101 gain), opening lower than yesterday’s close (small gap down), but now trading near the top of today’s range (high volatility). There were signs of strength toward session highs after the open, but this intraday gain contrasts with weak daily momentum, highlighting a short-term divergence.

Limited upside as range-bound outlook favors decline

For the next 5 trading days, the expected price range is adjusted to $1.00–$1.49 to reflect typical volatility relative to current levels (±20% of $1.242). The probability of a price increase is very low (less than 20%), making a decline much more likely. The baseline scenario is for MORPHO to remain in a sideways corridor between $1.00 and $1.29. In a bullish scenario, an upside breakout above $1.29 could see the price test $1.49, but this is unlikely given current indicators; a bearish break below $1.19 would expose further downside toward the $1.00 support.

Viktoras Karapetjanc, analyst at Traders Union, sees short-term resilience for Morpho above key moving averages but notes that deeper trends remain bearish. He emphasizes that weak momentum and oversold readings reflect ongoing caution among market participants. The baseline scenario is sideways action, with dynamic resistance at $1.29 capping any upside attempts for now. Karapetjanc maintains constructive optimism while respecting the prevailing negative signals. "If market sentiment shifts and we see a confirmed break above $1.29, buyers may regain momentum—until then, patience is warranted."

Last time, analysts noted that Morpho (MORPHO) continues to trade below key moving averages across all timeframes, with daily momentum indicators such as MACD, ADX, and RSI reinforcing prevailing seller pressure. Despite a notable intraday rally and strong session highs, technical signals remain bearish overall, with resistance at $1.35 and support at $1.11 shaping the current trading range.

Source of Data: MORPHO Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.