Morpho price prediction: Can $1.80–$2 range hold as MORPHO gains 8.95%?

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Morpho jumps 8.95% today to $1.948

Highlights

Buyers defended the $1.65 support after prior outflows, stabilizing Morpho's total value locked near $1.2 billion.
Sentiment improved as new oracle integrations enhanced data reliability, accelerating user engagement and platform confidence.
Technicals indicate strong bullish momentum with price expected to range between $1.7090 and $2.0453, though overbought signals hint at potential short-term cooling.

Renewed accumulation as on-chain confidence recovers post-outflows

Buyers have reestablished demand for Morpho, with diariobitcoin.com reporting that participants guarded the $1.65 support zone after a period of outflows, creating a base for renewed accumulation. The protocol's total value locked has stabilized near $1.2 billion, reflecting recovering on-chain confidence and a more secure liquidity backdrop. Sentiment around Morpho's DeFi lending also improved following new oracle integrations, which enhanced the reliability of platform data and fostered renewed user engagement. Daily trading volume of $20.8 million further confirms strong activity during the rebound, while the asset now tests resistance in the $1.80 to $2.00 range.

Bullish technical signals as support levels hold amid overbought risks

On the technical front, MORPHO/USD is trading above the MA-20 and MA-50 on the hourly chart, while sitting well above the MA-200 on the daily timeframe, underscoring widespread momentum. The Ichimoku Kijun at $1.8355 acts as immediate support. MACD and ADX register strong bullish signals, whereas the RSI also points to a buying environment. However, both CCI and Stoch RSI are firmly overbought, highlighting the potential for a short-term reversal or a cooling-off period. The BBP reflects dominant buyer strength intraday, while the Awesome Oscillator remains neutral, adding nuance to the intraday setup.

Limited downside risk as high volatility favors bullish breakout

Over the next two to three trading days, typical volatility is expected to keep MORPHO/USD within a price corridor of $1.7090 to $2.0453. The probability of further upside is characterized as very high, while downside risk is considered very limited within this band. A clear bullish scenario would require a breakout above $2.0453, whereas a shift to a bearish outlook would only emerge if the asset sustains a move below $1.7090 support.

Anton Kharitonov, expert at Traders Union, sees Morpho displaying signs of stabilization but remains cautious on the sustainability of the move. He notes that although buyers defended $1.65 and sentiment has improved, key resistance at $2.00 and overbought signals point to limited further upside without a confirmed breakout. Technicals suggest strong momentum, but volume and sentiment could fade if support fails. "Unless MORPHO/USD holds firmly above $1.7090 and clears $2.0453, I remain defensive and prefer to wait for confirmation before taking a position."

Earlier, analysts noted that Morpho exhibited mixed momentum amid recovery from oversold conditions, with traders watching for signs of renewed volatility. The current analysis confirms a decisive shift toward sustained bullish momentum, making a confirmed breakout above $2.0453 the next pivotal indicator for further upside in the days ahead.

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.