MARA reached the 0.382 support level yesterday.
IF BTC drops again, the next support will be found at 0.236 ($14.40 area).
MARA's investors all purchased at $20 earlier this year. This company has received more miners and advanced since then and has produced on their commitments and has demonstrated confidence.
MARA has been shorted pretty fiercely over the last few weeks - perhaps so the institutions could kick everyone out and they could buy it near the '$20 investor' area.
IF BTC drops again, the next support will be found at 0.236 ($14.40 area).
MARA's investors all purchased at $20 earlier this year. This company has received more miners and advanced since then and has produced on their commitments and has demonstrated confidence.
MARA has been shorted pretty fiercely over the last few weeks - perhaps so the institutions could kick everyone out and they could buy it near the '$20 investor' area.
Note
1D MA 200 GREEN LINE may also be support as needed.Note
RSI is very close to indicating 'extreme discount' on this stock
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.