MARA Stock Poised for 30.87% Gain as Bullish Momentum Builds

MARA Holdings Inc. has shown significant strength, holding above the $11.50 mark and forming a triple bottom pattern. Currently trading near $15.21, the stock is exhibiting bullish momentum. Technical analysis indicates a potential breakout above the trendline, which could pave the way for a rally toward $20.54. This upward movement suggests a possible 30 percent gain if buyers remain active above $17.35 and volume expands.

A recent chart analysis highlights the formation of a triple bottom pattern over the past few months. After reaching a low near the $11.50 support zone, MARA has shown signs of a reversal, with the price pushing back toward the descending trendline resistance. This pattern suggests a potential end to the prolonged downtrend, with a clear breakout above the trendline confirming the reversal. The measured move points toward a $5.24 increase in value, marking a significant upside after several months of decline.

The weekly chart of MARA reveals a rounded bottom structure supported by three distinct reaction lows. Each low bounced near the $11.50–$12.00 support zone, indicating buying interest at that level. This area also acted as a former accumulation zone in mid-2023. The recent bullish candle, closing at $15.21, follows a slight trendline break paired with rising volume, suggesting early positioning by investors. A dotted line across the highs indicates a descending trendline, which MARA is now testing from below. The triple bottom aligns with classic reversal behavior, typically followed by an upward breakout. If buyers maintain control, the price may extend beyond the $17.35 midpoint and approach the $20 range, offering a 30.87% potential upside in the near term.

Volume data suggests steady accumulation throughout the pattern, with the support zone near $11.50 providing price memory. Every dip into that region has been bought up, and the upward movement toward $15.21 builds on that base with growing momentum. The price range between $13.95 and $15.50 has acted as a consolidation area, crucial for continuation as it confirms market agreement before breakout attempts. MARA must close above $17.35 with strength to maintain this projected path. Traders are now watching for candle confirmation above the trendline, with the green target box on the chart illustrating the expected price destination. If volume expands above average levels, this may validate the 30% projection toward the $20.54 resistance.

Many traders believe MARA is poised to test its next key level near $20. The triple bottom pattern, formed over several months, has built pressure beneath resistance. With the price now breaking above the neckline, expectations are building for a continued move. Volume trends and bullish candles support this case, pointing to a vertical push toward the $20.54 mark, assuming no rejection occurs. This setup raises the key question: Can MARA reclaim the $20 range and continue its breakout move into the second half of 2025?