{"id":39343,"date":"2025-05-02T11:37:25","date_gmt":"2025-05-02T11:37:25","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/05\/02\/crypto-prices-prediction-morpho-shiba-inu-turbo-arweave\/"},"modified":"2025-05-02T11:37:25","modified_gmt":"2025-05-02T11:37:25","slug":"crypto-prices-prediction-morpho-shiba-inu-turbo-arweave","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/05\/02\/crypto-prices-prediction-morpho-shiba-inu-turbo-arweave\/","title":{"rendered":"Crypto prices prediction: Morpho, Shiba Inu, Turbo, Arweave"},"content":{"rendered":"
<\/div>\n

Crypto prices did well this week as investors embraced a risk-on sentiment. Bitcoin price soared to $97,000, while top altcoins like Virtuals Protocol and Fartcoin continued their recovery. This article provides a forecast for top cryptocurrencies like Morpho (MORPHO) Shiba Inu (SHIB), Arweave (AR), and Turbo (TURBO).<\/p>\n

Why crypto prices are soaring<\/h2>\n

There are a few reasons why Bitcoin and most altcoins are doing well this week. First, the US released weak GDP data<\/a> this week, as the impact of Donald Trump\u2019s tariffs became apparent. The economy contracted by 0.3% last quarter, and there are signs that it may enter into a recession. <\/p>\n

A recession, while undesirable, would be beneficial for cryptocurrencies as it would likely prompt the Federal Reserve to intervene by cutting interest rates. It would also prompt Trump to negotiate trade deals, a move that would likely boost the stock market.<\/p>\n

Therefore, there is a view that the tensions that have occurred in the first four months of the year will soon come to an end. Furthermore, top analysts have delivered bullish Bitcoin price predictions<\/a>,<\/strong> with Cathie Wood\u2019s Ark Invest predicting that it will reach $2.4 million by 2030.<\/p>\n

Morpho price prediction<\/h2>\n
Morpho token price chart | Source: TradingView<\/a><\/figcaption><\/figure>\n

Morpho is a fast-growing AAVE rival that lets users earn, borrow, and build using its platform. It has attracted over $4.1 billion in total deposits and has $1.5 billion worth of active loans. Its most prominent partnership is with Coinbase, which is using its platform to offer Bitcoin loans. <\/p>\n

The eight-hour chart shows that the Morpho price has bounced back in the past few days, moving from a low of $0.08492 in April. It has crossed the important resistance level at $1.3165, and is nearing the 38.2% Fibonacci Retracement level. <\/p>\n

The most likely scenario is where the coin jumps as bulls target the psychological point at $2, which is about 42% above the current level. <\/p>\n

Shiba Inu price prediction<\/h2>\n
SHIB price chart | Source: TradingView<\/a><\/figcaption><\/figure>\n

The daily chart shows that the SHIB price bottomed at $0.00001080 in April, down by over 67% from its highest level in November last year. The coin then bounced back and hit the crucial resistance level at $0.00001575. <\/p>\n

On the positive side, the coin formed a falling wedge pattern in the first quarter. This pattern is made up of two falling and converging trendlines. <\/p>\n

The risk, however, is that the coin has formed a double-bottom pattern at $0.000015. This pattern is one of the most bearish sign in the market. Therefore, the most likely Shiba Inu price forecast is neutral for now.<\/p>\n

The key levels to watch are $0.000015 and $0.000010. A move above the double-top point at $0.000015 will invalidate the double-top pattern and point to more gans later this year. A drop below the support level at $0.000010 will indicate further downside.<\/p>\n

Turbo price analysis<\/h2>\n
Turbo chart by TradingView<\/a><\/figcaption><\/figure>\n

The daily chart shows that the Turbo price bottomed at $0.0013 in April and has bounced back by 280% to $0.0050. It has moved above the key resistance level at $0.0030, the lowest level in August last year. <\/p>\n

Turbo price has moved above the 200-day moving average, while top oscillators like the Relative Strength Index (RSI) and the MACD have all pointed upwards. <\/p>\n

Therefore, the token will likely continue rising as bulls target the key resistance point at $0.01, up by over 93% above the current level.<\/p>\n

Arweave price technical analysis<\/h2>\n
AR<\/a> price chart | Source: TradingView<\/figcaption><\/figure>\n

The Arweave token bottomed at $4.6 in April and has bounced back to $7.5, its highest level since March 3. It has moved above the 50-day and 25-day moving average, and crossed the key resistance level at $7.6, the highest swing on March 24. Therefore, the coin will likely keep rising as buyers target the key resistance at $10.<\/p>\n

The post Crypto prices prediction: Morpho, Shiba Inu, Turbo, Arweave<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Crypto prices did well this week as investors embraced a risk-on sentiment. Bitcoin price soared to $97,000, while top altcoins like Virtuals Protocol and Fartcoin continued their recovery. This article provides a forecast for top cryptocurrencies like Morpho (MORPHO) Shiba Inu (SHIB), Arweave (AR), and Turbo (TURBO). Why crypto prices are soaring There are a <\/p>\n","protected":false},"author":1,"featured_media":39344,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-39343","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/39343","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=39343"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/39343\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/39344"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=39343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=39343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=39343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}