MORPHO: Analyst Eyes $4 Target on Bullish Market Move
MORPHO at $2.69 draws buy-the-dip calls from Michaël van de Poppe targeting $4.20 ATH with EMA50 support at $2.45 and MACD golden cross intact.
SourceAnalysis
Michaël van de Poppe flagged another upward leg across crypto markets that could lift MORPHO toward the $4 zone, labeling the current environment buy-the-dip season with entries between $2.35 and $2.50.
The all-time high sits at $4.20 with little resistance overhead, keeping the focus on continuation rather than reversal for traders watching MORPHO price prediction setups.
Price at $2.69 trades above both the EMA50 at $2.45 and EMA200 at $2.18, confirming the bullish trend structure while the MACD golden cross at 0.04 adds momentum; with the asset inside the Bollinger Bands and testing upper resistance near $2.76, any healthy retracement would likely find confluence at the 50-EMA support before the next leg higher.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast