AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Mara Holdings Inc. experienced a significant surge in its stock price, gaining 6.99 points over a three-month period. This upward movement was bolstered by strong support near the $10.50 level, indicating a robust foundation for the stock's value. The strong support level suggests that investors are confident in the company's prospects, despite the volatile nature of the cryptocurrency market.
The gain of 6.99 points is a notable achievement for
, as it reflects a substantial increase in investor interest and confidence. The strong support near the $10.50 level further underscores the stability and resilience of the stock, as it has managed to maintain its value despite market fluctuations. This support level acts as a safety net, preventing the stock from falling below a certain price point and providing a sense of security for investors.The strong support near the $10.50 level is a positive indicator for Mara's future performance. It suggests that the stock has a solid foundation and is less likely to experience significant price drops. This stability is crucial for investors who are looking for long-term growth opportunities in the cryptocurrency mining sector. The strong support level also indicates that Mara has a loyal investor base that is willing to buy the stock at a certain price point, further reinforcing its value.
Mara's stock price climbed from the $10.50 range to close near $20.91 after completing a three-month pattern and adding 6.99 points from its confirmed weekly breakout formation. This move confirmed a textbook cup formation, with a well-defined rounded bottom and controlled breakout above neckline resistance. The price action remained stable throughout the setup phase, forming higher lows as momentum built up. Traders responded after MARA cleared the mid-resistance zone and closed above the previous local highs.
The breakout candle carried volume and closed well above the breakout level. The move came just two weeks after an alert was posted on June 30, calling MARA “ready at the runway and ready for launch.” As of July 14, the forecasted zone was exceeded by 13% more than expected. The weekly chart shows MARA forming a rounded base between April and June 2025, with tight consolidation above historical support. This support zone spans between $8.81 and $10.51 and was retested multiple times over a 90-day period. After that, the price gradually formed the right handle of the cup and breached the neckline.
From the breakout point, MARA jumped $6.29, equating to a 43.03% increase from the base. The cup-and-handle pattern is widely followed by technical analysts due to its reliability in bull markets. The pattern’s depth and duration often define the magnitude of the breakout, and in this case, both metrics aligned. The projected target near $22.00 is based on a measured move from the bottom of the cup to the neckline resistance. A vertical move of equal height was plotted above the breakout point. The result landed in the $22.00 area, which the price approached before showing minor intraday rejection.
The chart was shared by market analyst Prof (@Prof.heist), who previously posted a June 30 signal calling a “nearest stop 30% out.” The stock exceeded that projection, gaining an additional 13% above expectations. The move led to viral traction across social media, with over 30,000 views and hundreds of reactions. The analyst confirmed that no Discord or Patreon was needed to access the information. The trade idea and chart were published freely on X (formerly Twitter). The setup served as a public demonstration of technical charting applied to crypto-related equities.
This setup highlighted how a public chart pattern can influence trading momentum and sentiment across investor groups. The breakout occurred in line with institutional activity tracking bullish setups in crypto-aligned stocks. As sentiment rises with Bitcoin’s moves, equity plays like MARA continue to attract renewed attention. The gain of 6.99 points and the strong support near the $10.50 level are both positive indicators for Mara's future performance. They suggest that the company is well-positioned to capitalize on the growing demand for cryptocurrency mining services. As the cryptocurrency market continues to evolve, Mara's strong support level and investor confidence will be crucial in driving its growth and success.

Quickly understand the history and background of various well-known coins

Dec.02 2025

Dec.02 2025

Dec.02 2025

Dec.02 2025

Dec.02 2025
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet