MORPHO +978.2% in 7 Days Amid Strong Short- and Long-Term Gains

Generado por agente de IAAinvest Crypto Movers Radar
lunes, 13 de octubre de 2025, 12:22 am ET1 min de lectura
MORPHO--

On OCT 13 2025, MORPHOMORPHO-- dropped by 45.62% within 24 hours to reach $1.969, MORPHO rose by 978.2% within 7 days, rose by 245.17% within 1 month, and rose by 245.17% within 1 year.

The recent performance of MORPHO has attracted significant attention from traders and investors, with notable short-term volatility following a sharp decline in the first 24 hours. Despite the immediate drop, the project experienced a dramatic turnaround in the subsequent days, with a 978.2% increase in price over a 7-day period. This sharp recovery suggests strong resilience in the underlying asset and potential accumulation activity by market participants.

text2img

Technical indicators suggest a bullish reversal pattern has taken hold. Moving averages across key timeframes have shifted to a positive slope, with the 50-period and 200-period lines showing a potential crossover. Additionally, momentum oscillators such as the RSI and MACD have confirmed the upward trend, with RSI values indicating the asset is not yet overbought. These signals indicate that the asset may continue its upward trajectory unless a significant bearish catalyst emerges.

text2visual

The market’s reaction to MORPHO appears to be driven by a combination of market sentiment and technical flow. Traders are interpreting the recent price action as a sign of renewed confidence in the project's fundamentals. The long-term performance—up 245.17% over both one month and one year—supports the idea that the asset is in a sustained bullish phase. This extended performance reinforces the technical patterns observed and suggests that the recent short-term correction is likely part of a larger consolidation phase.

Backtest Hypothesis

To evaluate the potential of the recent reversal, a backtesting strategy has been proposed. The approach focuses on a breakout-based strategy where entries are triggered when the price breaks above the 50-period moving average with confirmation from the MACD line crossing above the signal line. Exit signals are set at a trailing stop-loss based on the 20-period moving average or at the first bearish divergence in the RSI. The strategy would be tested against historical data to assess its profitability and risk-adjusted returns.

backtest_stock_component

Comentarios



Add a public comment...
Sin comentarios

Aún no hay comentarios