Marathon Digital stock price forecast: Bearish trend holds as MARA sinks 4.46% to $9.85

Marathon Digital stock price forecast: Bearish trend holds as MARA sinks 4.46% to $9.85
Marathon Digital drops 4.46% to $9.85

Marathon Digital Holdings, Inc. (MARA, formerly Marathon Patent Group) is trading at $9.85, well below the 20-day ($10.45), 50-day ($12.70), and 200-day ($15.17) moving averages. This persistent weakness signals ongoing seller dominance across all timeframes, with downward momentum and no clear signs of a trend reversal.

MARA price prediction
24H -6.42%
$13.11
48H -6%
$13.17
7D -9.78%
$12.64
1M 8.28%
$15.17
3M 16.92%
$16.38
6M 34.33%
$18.82
12M -13.56%
$12.11
Current price: $ 14.01 -0.6950 4.73%
Closed 06/24
Daily range 13.44 Arrow from to Icon 15.20
Weekly range 13.75 Arrow from to Icon 16.43
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Highlights

  • MARA closed at $9.85, falling 4.46% on the day, trading below MA-20 ($10.45), MA-50 ($12.70), and MA-200 ($15.17), signaling entrenched bearish momentum.
  • All key technicals (MACD Strong Sell, ADX Sell, and weekly RSI, ADX, MA-50) point to sustained downside, with the probability of a price increase under 20%.
  • MARA is projected to fluctuate between $9.50 and $10.80 over the next five trading days, with potential for further declines if support at $9.50 breaks.

Bearish signals remain as weak momentum meets divergent intraday strength

The technical picture for MARA remains bearish. The nearest dynamic support is defined by the Ichimoku Kijun level at $10.91, which acts as resistance above the market. Short-term momentum is weak, highlighted by a MACD Strong Sell and an ADX Sell, reflecting a downtrend with diminishing momentum. The RSI at 44.19 and a near-neutral CCI indicate the market is not oversold, while the Stochastic RSI and Bull/Bear Power both register overbought readings and short-term buyer strength, revealing intraday divergence against the broad downtrend. Recent price action confirms high volatility and ongoing pressure after the open, validating the negative bias in trend signals.

Sideways action likely as bearish signals cap upside potential

Over the next five trading days, MARA is expected to fluctuate within the $9.50 to $10.80 band, reflecting typical volatility at current levels. The probability of a price increase remains very low — less than 20% — as all weekly signals (RSI, ADX, MACD, MA-50) continue to point to continued weakness. The base case is sideways movement within this corridor while sellers retain control. A sustained uptick would require a clear breakout above $10.91, whereas a fall below $9.50 would reinforce bearish momentum and open the door to further downside.

Anton Kharitonov, expert at Traders Union, sees MARA locked in a persistent downtrend across all major technical benchmarks. He believes bearish signals dominate, with resistance at $10.91 capping any upside for now. Volatility is high, but momentum and trend indicators show little chance of a reversal. "As long as the price stays below $10.91, I see no reason to expect a sustained uptick."

Last time, analysts noted that Marathon Digital Holdings, Inc. is exhibiting short-term buying strength above its near-term moving average, yet remains well below key medium- and long-term trends, indicating persistent overall bearish pressure. Despite an intraday surge supported by buyer momentum, mixed signals from momentum oscillators and key resistance levels suggest potential for reversal and warrant caution.

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.
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