Morpho price rises as ESMA regulation concerns emerge
Morpho (MORPHO)
Editor:
Eugene Serbin
tradersunion.com reports that Morpho (MORPHO) is trading at $2.735, marking a daily gain of 7.72%. The asset trades above its key moving averages, supporting a bullish structure in the current session. The public affairs director of Morpho has raised concerns that the European Securities and Markets Authority's proposed enhancements to DeFi regulations under the MiCA framework could introduce overlapping and redundant requirements for the platform.
This direct commentary from company leadership highlights regulatory uncertainty, prompting renewed market focus on Morpho's compliance posture. As traders assess the potential ramifications for operational costs and future DeFi participation, the news has contributed to heightened demand for the asset. On the technical front, Morpho remains above the MA-20 at $2.6085 and MA-50 at $2.5983 on the hourly chart.
It clearly exceeds the daily MA-200 at $2.0307, with immediate support sitting at the Ichimoku Kijun on the daily timeframe at $2.63. Momentum indicators continue to favor buyers, with both MACD and ADX signaling bullish momentum. Oscillator readings warn of overbought conditions, with RSI in positive territory and both Stoch RSI and CCI registering extreme, short-term overheating. Over the coming 2–3 trading days, Morpho is forecast to fluctuate within the $2.6505 to $2.8195 range.
How the market reacted
Whalio's own Binance spot order flow for MORPHO, measured when this story was written up on 3 October 2026. Not the outlet's figures.
Whalio data shows Morpho trading at $2.57, with a 1-hour buy ratio of 37.3% compared to a 4-hour ratio of 54.6%. This indicates that short-term buying pressure is fading relative to the recent four-hour window. The 24-hour buy ratio sits at 49.8%, suggesting a near-even split in volume over the longer timeframe. Volume Delta for the hour is negative at -$26,459, while the 4-hour delta is positive at +$71,853. The 24-hour Volume Delta is -$17,687, with a CVD of -$33,132 at close. This means that over the last day, sell volume has slightly outweighed buy volume, despite the 4-hour window showing net buying.
The latest daily buy ratio of 49.7% sits at the 38th percentile of the last 322 days, against a median of 51.0% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for MORPHO, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 51.9%, making today's 24-hour ratio of 49.8% slightly below average by 2.1 points. Spot volume was 0.91x the average, indicating lower than usual trading activity. There were 6 days of net buying in the last 7 days, with a total Volume Delta of +$1,479,221. This contrasts with today's negative 24-hour delta, suggesting a shift from the prevailing weekly trend. The price change over 8 days was -5.7%, showing a recent downward trend despite the reported rally.