MORPHO Price Consolidation Suggests Potential Major Breakout, Analyst Hints at 111.7% Price Surge

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.