Morpho (MORPHO) is in a consolidation phase after experiencing sideways price movements since June 23rd, 2025. This highlights that the altcoin is at a critical juncture.
Market analyst Ali Martinez today confirmed Morpho’s recent market correction, but disclosed that the cryptocurrency could be preparing for a market rally.
Is Morpho Ready For Breakout Or Decline?
As per data reported today by Ali, MORPHO is currently consolidating between key zones, suggesting that a possible breakout could be imminent. The asset has been trading within a tight range over the last two weeks, consolidating below $1.44 mark while holding above the $1.32 support level.
While bulls are trying to reclaim higher levels and trigger a recovery, bears prevent breakouts, indicating market uncertainty and volatility associated with cryptocurrencies. The lack of strength in either direction has left MORPHO in a narrow range for the past several days.
However, optimism remains in the market. According to Ali, MORPHO is potentially getting ready for a bullish breakout toward $3.60.
The stability of this consolidation phase means the asset is potentially preparing for another leg up. The critical support areas between $1.32 and $1.27, found in the lower zones, prevent further breakdowns.
Until MORPHO can break out of its $1.41 and 1.44 resistance zones, its value is anticipated to remain in a narrow range. Ali anticipates that a break above resistance regions could suggest further growth in the asset’s price.
Historically, a protracted correction in a crypto asset often precedes a robust comeback to the upturn.
What’s Next for MORPHO?
MORPHO’s value is currently hovering at $1.70 after registering a surge of 0.3% and 8.7% over the past 24 hours and one month, respectively. Despite this prolonged correction, analyst Ali shared an optimistic outlook for the asset, predicting that Morpho is preparing for a 111.7% price surge soon.
The analyst’s bullish projection is dependent on MORPHO’s capability to break out of its current symmetrical triangle pattern and possibly create an accumulation phase. The pattern typically indicates a period of correction before a possible breakout or substantial price upturn.
