Cipher Digital Inc (NASDAQ:CIFR) shares are trading higher by more than 7% on Thursday as risk-on appetite lifts high-beta Technology names alongside crypto-adjacent and AI-infrastructure themes.Here’s what investors need to know.
Cipher Digital stock is showing exceptional strength. Why is CIFR stock surging?
CIFR Technical Analysis: Key Levels To WatchCIFR is still in a longer-term uptrend: it’s trading about 29% above its 200-day SMA ($18.13) and about 22% above its 100-day SMA ($19.15), which keeps the primary trend pointed higher. At the same time, it is trading 4.2% below its 20-day SMA ($24.46), suggesting the stock is trying to reclaim short-term trend control after a recent cooling phase.RSI is the cleaner momentum read right now, sitting at 49.89, which signals neutral momentum rather than an overbought "chase" setup. In plain terms, RSI helps gauge whether buying or selling pressure is getting stretched; near-50 readings often show a market deciding between continuation and consolidation.The moving-average structure remains constructive, with the 20-day SMA above the 50-day SMA and the 50-day SMA above the 200-day SMA (a golden cross that occurred in July 2025). That backdrop matters because it often turns pullbacks into "buy-the-dip" tests, especially if price can stay above the 50-day area ($22.69).
