Crypto Asset Managers See Astonishing Surge in On-Chain Holdings
Surge in On-Chain Holdings: Crypto asset managers have significantly increased their on-chain holdings, quadrupling from $1 billion to over $4 billion since January, driven by market recovery, the search for yield, and growing confidence in DeFi protocols.
Implications for Institutional Adoption: This trend signals a growing professionalization in the crypto space, suggesting that sophisticated investors see long-term value in decentralized finance, potentially paving the way for broader institutional adoption of cryptocurrencies.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for MORPHO
Technical Sentiment Analysis for Morpho (MORPHO) As of , Morpho (MORPHO) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MORPHO stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, MORPHO is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Morpho (MORPHO) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.569 | 0.764 | 0.967 | 1.162 | 1.365 | 1.56 | 1.763 |
| Fibonacci | 0.764 | 0.916 | 1.01 | 1.162 | 1.314 | 1.408 | 1.56 |
About MORPHO
About the author
