Morpho is a permissionless, non-custodial lending protocol operating on Ethereum and Base networks. It enables users to earn yield through Morpho Vaults and borrow assets efficiently with optimized interest rates, low gas consumption, and permissionless market creation. Morpho is a trustless, developer-friendly, and immutable smart contract with less governance interference. The chart of the Morpho price indicates a positive strength in the last few days, which is evidenced by the RSI and MACD indicators that could be used by traders to assess when the coin is overbought/oversold and in which direction the trend is moving. This makes Morpho appealing for both fundamental and technical analysis in crypto markets. Its market cap is around $690 million, with active trading volume signaling steady interest. Overall, Morpho offers a balanced blend of strong project fundamentals and technical trading signals for investors.
MORPHO Price Analysis of August 10, 2025
On August 20, 2025, Morpho (MORPHO) traded with strong volatility, first moving in a downward channel that broke to the downside at 04:55 IST, supported by a death crossover of MACD. The drop marked the day’s low at $1.9834. From there, the price rebounded and established a support area at $1.9965 before surging upward in a bullish channel. Resistance developed at $2.0750, but broke out to the upside at 12:25 IST, supported by another golden crossover of MACD. Price spiked further and formed an expanding triangle pattern, recording the day’s high at $2.1198 and setting up critical breakout levels.
Chart 1: MORPHO/USDT M5 Chart, Analysed by Vallijat007, published on TradingView, August 20, 2025
Morpho price formed a downward-moving channel, which broke out to the downside at 04:55 IST, supported by a death crossover of MACD, with MORPHO price spiking to the downside and marking the low for the day at $1.9834.
After marking the low, the price rose to the upside and formed a support area at $1.9965. Price took support there and spiked to the upside, supported by a golden crossover of MACD, and developed an upward-moving channel.
The upward-moving channel created a resistance area at $2.0750, which broke to the upside at 12:25 IST, supported by a golden crossover of MACD. Price spiked further and formed an expanding triangle pattern, marking the high for the day at $2.1198.
If the expanding triangle pattern breaks to the upside, the Morpho price may rise to $2.1500. If it breaks to the downside, then the price may drop to $1.9500.
Morpho rallies on Coinbase liquidity and Gemini Boost
Morpho (MORPHO) has outperformed the broader crypto market in the past day with gains fueled by ecosystem growth and institutional support. Coinbase’s relaunch of its Stablecoin Bootstrap Fund has injected USDC liquidity into Morpho’s lending pools, helping stabilize borrowing rates and improve overall market depth. This move signals confidence from a major exchange and deepens Morpho’s link to Coinbase’s expanding crypto-backed loan program. Rising liquidity is a critical strength for the protocol as it seeks to attract both retail and institutional users.
Adding momentum, Gemini introduced its new self-custodial wallet with direct Morpho integration. This unlocks seamless yield-earning opportunities for millions of Gemini users, broadening the protocol’s reach. While the immediate token impact may be limited, long-term engagement through wallet-linked deposits and borrows could significantly expand network usage.
At a sector level, DeFi lending has surged past a hundred billion in total value locked, with Morpho holding a strong second position behind Aave. The protocol now secures eight billion in TVL and four million in weekly fees, underlining its growing footprint in decentralized finance. Despite recent short-term weakness, Morpho’s fundamentals suggest resilience as adoption grows across multiple fronts.
Morpho Secures Growth Through Liquidity and Adoption:
Morpho’s rally above $2 reflects growing strength from both technical and fundamental perspectives. On-chain liquidity received a major boost through Coinbase’s Stablecoin Bootstrap Fund, which enhances borrowing stability and attracts deeper institutional participation. Simultaneously, Gemini’s wallet integration expands Morpho’s accessibility, unlocking yield opportunities for retail users. With $8 billion TVL and $4 million in weekly fees, Morpho has established itself as a dominant force in DeFi lending. While traders eye the expanding triangle pattern for near-term direction, the bigger picture remains favorable—rising liquidity, institutional engagement, and protocol adoption continue to reinforce Morpho’s long-term growth trajectory in decentralized finance.
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