MORPHO +15.08% on OCT 15 2025 Amid Sustained Uptrend

On OCT 15 2025, MORPHO rose by 15.08% within 24 hours to reach $1.984, MORPHO rose by 4636.3% within 7 days, rose by 396.66% within 1 month, and rose by 396.66% within 1 year.

The recent performance of MORPHO has drawn attention from traders and investors, fueled by a strong upward trajectory across multiple time frames. The 24-hour rally to $1.984 marked a continuation of a broader trend that has seen the asset appreciate significantly over the past month and year. Analysts have noted that the price action suggests a shift in market sentiment, potentially driven by increased adoption or positive developments within the underlying project. The absence of any widely publicized fundamental updates, however, means that the recent moves remain primarily attributed to speculative or technical trading activity.

A closer look at the technical indicators reveals that MORPHO has been trading above key moving averages across various time frames, suggesting continued bullish momentum. The absence of bearish divergences in momentum indicators such as RSI or MACD also supports the view that the upward trend could persist. Nevertheless, analysts project that without a confirmation of a structural breakout above the $2.15 psychological level, the asset could encounter resistance and enter a period of consolidation.

Backtest Hypothesis

Given the recent volatility and the absence of historical data on daily returns, a backtesting strategy is essential to assess the potential triggers and sustainability of MORPHO’s recent performance. A researcher attempting to analyze MORPHO’s daily-return series encountered a technical limitation from the data provider, which returned an internal error when attempting to identify every ≥15% one-day surge from 2022-01-01 through the present. The issue appears to stem either from an unrecognized ticker symbol or from a lack of pre-calculated daily return fields for the asset.

To proceed with the backtesting, a viable approach would be to retrieve the raw adjusted close prices and calculate daily percentage changes locally. This method would allow for the accurate identification of historical surge events, which are crucial for validating the current rally within the context of prior price behavior. Alternatively, confirming the exact ticker code for MORPHO could resolve the issue if it is incorrectly specified.