Name : Merlin Chain (MERL)
MERL Price : $0.256 -9.18%
Consensus Mechanism : Proof of Work
Volume: 24,043,553
Market Cap: 134,147,257
Shariah Judgement
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Shariah Status :
Last Screening: Q3 2024
Legitimacy:
Project:
Token:
Reward:
Shariah Status:
Risk Analysis
Crypto Shariah Screening Report is only for Sharlife Subscribers only.
Go to pricing pageShariah
Legitimacy
People
In-Depth Analysis
Shariah Analysis
| Project/Products | Use Case | Status |
|---|---|---|
| Use Case | Status |
|---|---|
| System | Status | Interpretation |
|---|---|---|
Legitimacy Analysis
| Details | Status | |
|---|---|---|
| Whitepaper | ||
| Project |
People Analysis
| Details | Status | |
|---|---|---|
| Team |
Trading Signals
Moving Average (Short Term)
Strong
Moving Average (Mid Term)
Strong
Moving Average (Long Term)
Strong
Exponential Moving Average (Short Term)
Strong
Exponential Moving Average (Mid Term)
Strong
Exponential Moving Average (Long Term)
Strong
Bollinger Band
Strong
Williams %R
Strong
Relative Vigor Index
Strong
Money Flow Index
Strong
Chaikin Oscillator
Strong
Aroon
Strong
Klinger Oscillator
Strong
Chande Kroll Stop
Strong
Moving Average Convergence/ Divergence
Neutral
Relative Strength Index
Neutral
Stochastic
Neutral
Parabolic SAR
Neutral
Average Directional Index
Neutral
Ichimoku Cloud
Neutral
Average True Range
Neutral
Commodity Channel Index
Neutral
On-Balance Volume
Neutral
Volume Weighted Average Price
Neutral
Keltner Channel
Neutral
Dochian Channel
Neutral
Choppiness Index
Neutral
Ergodic Oscillator
Neutral
Ease of Movement
Weak
Ultimate Oscillator
Weak
Elder Force Index
Weak
Connors RSI
Weak
Rate of Change
Weak
Chande Momentum Oscillator
Weak
Triple Exponential Average
Weak
Know Sure Thing
Weak
Detrended Price Oscillator
Weak
Moving Average Envelope
Weak
Coppock Curve
Weak
Vortex Indicator
Weak
Schaff Trend Cycle
Weak
Elder Impulse System
Weak
Only for Sharlife Subscribers only.
Go to pricing pagePivot Points
Support 2
Support 1
Pivot Point
Resistance 1
Resistance 2
Support & Resistances
Support 2
Support 1
Last Price
Resistance 1
Overview
Merlin Chain is a Bitcoin Layer 2 solution designed to enhance the functionality and scalability of Bitcoin's native assets, protocols, and products. Launched in January 2024 by Bitmap Technology, a company founded by Jeff Yin, Merlin Chain leverages several advanced technologies, including ZK-Rollup networks, decentralized oracle networks, Data Availability modules, and on-chain BTC fraud-proof mechanisms. By utilizing Taproot's aggregated zero-knowledge proof and Rollup data writing to the Bitcoin mainnet, Merlin Chain addresses the scalability issues and Turing incompleteness of the Bitcoin network. Its distributed oracle network ensures the efficient collection, batch processing, and public accessibility of transaction data through Bitcoin's Taproot.
Whitepaper & Documents
Sharlife uses TradingView technology to present price information through charts. TradingView serves as a charting platform catering to a worldwide community of traders and investors. With robust support across browsers, desktops, and mobile applications, the platform offers exceptional access to real-time data such as Dow Futures and BTC USD Chart, as well as the latest news, financial reports, stock screener, and economic .
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