The tweet was deleted by the author.
But we saved everything 🙂.
Marathon Digital is strengthening its balance sheet and increasing optionality as it scales into digital energy and AI/HPC.
The company referred to these efforts in a recent statement. Details are available at the link provided in the tweet.
MARA is trading at $8.02, below the MA-20 ($8.76), MA-50 ($8.84), and MA-200 ($13.78), indicating persistent short-, medium-, and long-term bearish pressure. The Ichimoku Kijun on D1 sits at $8.80, positioning immediate resistance just overhead; near-term support is at MA-5 ($8.41) and MA-10 ($8.71), with key support further down at MA-100 ($10.27) and resistance at the Kijun ($8.80) and MA-200 ($13.78).
Momentum remains weak, with the MACD on D1 signaling a sell and ADX on D1 showing low trend strength. Oversold conditions are evident from Stoch RSI and CCI on D1, while the RSI remains below the neutral 50-mark. Sellers dominate short-term moves per BBP, also pointing to an oversold setup. In today’s session, MARA fell 6.53%, dipping to the very bottom of its weekly range and accentuating renewed downside pressure. Over the past week, MARA is trading at $8.02, down from $8.46, reflecting a 5.20% decline. Weekly volatility stands at 21.92%, with a steady move lower from the recent high.
For the coming week, the expected price range is $7.70 to $8.80. The probability of a price increase is very low (less than 20%), given the strong “sell” signals from all W1 trend and momentum indicators, making further declines more likely. The baseline scenario suggests MARA consolidates within a narrow $7.70–$8.80 corridor, anchored near its 52-week low of $6.66 and well below the 52-week high of $23.45. A bullish breakout above $8.80 could trigger a move toward higher resistance, while a bearish breakdown below $7.70 would expose the yearly low as the next target.
Earlier, analysts noted that Marathon Digital continued to experience bearish momentum and a challenging technical setup, with expectations for rangebound trading in the near term. With recent market developments and evolving company initiatives, traders should monitor for any shift in trend that could signal a break from the previously described sideways pattern.