Morpho (MORPHO) Price Rallies 8% to $2.18, Targeting the $2.30 Resistance Level

Despite the wobbling crypto market, Morpho's price boasts a splendid bullish muscle, having rallied 8% to $2.28. The recent spike comes amid Coinbase adding support for Morpho (MORPHO) on the Ethereum (ERC-20 token) and Base networks.

Morpho's price has risen 8% to reach $2.18, showing strength despite the crypto market's instability, according to CoinMarketCap. This surge follows Coinbase's addition of support for Morpho (MORPHO) on the Ethereum (ERC-20 token) and Base networks.

Once a sufficient supply of Morpho is established, the MORPHO-USD trading pair will launch in phases on the exchange. However, support for MORPHO may be limited in some supported jurisdictions. These developments could push Morpho's price above the $2.30 level.