505 MW Long Ridge Energy plant acquisition lifts Marathon Digital stock toward $13.08 resistance

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Marathon Digital up 4.54% at $12.2 today

Highlights

Marathon Digital is rapidly transitioning approximately 90% of its non-hosted mining operations toward higher-margin AI and IT compute infrastructure through a partnership with Starwood.
A pending acquisition of the 505 MW Long Ridge Energy facility aims to significantly boost computational and energy resources, with completion targeted for H2 2026.
Price action in MARA/USD remains bullish with strong support from buyers, projecting a likely trading range of $11.32 to $13.08 amid high volatility.

Business pivot to AI and digital infrastructure amid mining shift

Marathon Digital is moving quickly to reposition its business, forming a partnership with Starwood to convert approximately 90% of its non-hosted mining capacity into AI and critical IT compute infrastructure, according to 247wallst. This strategic shift enables the company to capture higher-margin opportunities beyond Bitcoin mining, opening the door for new revenue streams in the digital infrastructure sector. Additionally, Marathon Digital has a pending acquisition of the 505 MW Long Ridge Energy plant, which would further expand its computing and energy resources, though the deal is not expected to close until the second half of 2026.

Mixed momentum as bullish trend meets overbought signals

On the technical front, MARA trades above the MA-20 at $11.36, MA-50 at $11.86, and MA-200 at $12.15, with the Ichimoku Kijun at $11.51 providing immediate support. Momentum indicators are mixed: RSI stands at 57.8, indicating a buy condition, while both the Stochastic RSI and CCI are in overbought territory. MACD and ADX remain neutral, Bull/Bear Power is positive, and the Awesome Oscillator continues to support buyer control intraday. The price action occurs amid elevated volatility and near the session high, but not all momentum signals are aligned, suggesting some caution is warranted.

Rangebound trading likely as upside outweighs downside risk

In the short term, MARA is likely to fluctuate within a range of $11.32 to $13.08, reflecting typical volatility for the stock. A break above $13.08 could fuel additional buying momentum, while a move below $11.32 would expose MARA to further downside. The probability for further gains stands at 60%, making an upside scenario more likely, though the baseline call is for consolidation within the projected range.

Anton Kharitonov, expert at Traders Union, sees Marathon Digital’s shift into AI and IT compute infrastructure as a positive step, but notes that the pending Long Ridge acquisition is still far from realization. He believes technical signals show buyers remain active, though mixed momentum warns of possible short-term volatility. The stock faces resistance at $13.08, with consolidation likely unless that level is broken. "Despite the bullish infrastructure pivot, I remain cautious until MARA closes above $13.08 and aligns its momentum signals," Kharitonov says.

Earlier, analysts noted that Marathon Digital was mired in persistent bearish momentum and lacked clear signs of reversal. The current combination of technical improvement and new strategic initiatives signals a potential inflection point, making sustained closes above $13.08 a key indicator for any shift toward a lasting bullish phase.

Source of Data: MARA Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

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.