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Home/Explore/Crypto Market Price/Spot/MERL
Low Market Cap
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Merlin Chain (MERL/IDR) Price Today

OverviewTechnicalsNewsAbout
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Aura AI Summary

Merlin Chain (MERL) is currently trading at Rp439.62 with a market cap of Rp558.74 million, showing a bearish technical signal overall. The asset is near the R1 resistance level of Rp442, with oscillators neutral and moving averages indicating selling pressure. With 61% of the max 2.1 million MERL tokens in circulation and a short 7-day average hold time, liquidity appears active. No major protocol updates or ecosystem news were identified recently.
The outlook remains cautious due to bearish momentum and limited fundamental catalysts. Key opportunities include potential rebounds from oversold RSI levels, while risks involve low liquidity depth and high volatility. Investors should monitor for any ecosystem developments or exchange listing news that could impact price action.
Read full analysis

Key Stats

  • Market Cap
    Rp557,06M
  • Volume (24h)
    Rp69,36M
  • Circulating Supply
    1,3B / 2,1B MERL (61%)
  • Trading Activity
    34% Sell | 66% Buy
  • Typical Hold Time
    7 Days
RP443.37
52W Low: RP361.52
03 Apr 2026
52W High: RP25,192.12
19 Apr 2024

Merlin Chain currently has a market capitalization of Rp557,06M and a 24-hour trading volume of Rp69,36M. Merlin Chain has traded between an all-time low of Rp361.52 and an all-time high of Rp25,192.12. The circulating supply of Merlin Chain stands at 1,3B / 2,1B MERL (61%). Recent trading activity shows 34% Sell and 66% Buy, highlighting current market sentiment. On average, investors hold Merlin Chain for approximately 7 Days.

About Merlin Chain

Merlin Chain is a Layer 2 solution for Bitcoin that incorporates ZK-Rollup networks, decentralized oracle networks, and fraud proofs. Its goal is to enhance Bitcoin's Layer 1 assets, protocols, and applications, fostering innovation and maximizing asset potential on Layer 2. The native token, MERL, is used for staking, which contributes to the security of the Merlin Chain.

Order Book

Shows real-time buy and sell orders, market depth, and short-selling activity to help investors gauge market sentiment.

Order Book is not available for MERL
Currently, Order Book is only available for some crypto assets. However, we are working on adding MERL in the future.

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Spread is the difference between buy and sell price in the form of percentage. Unlike other assets, the spread in cryptocurrency may increase/decrease following the market condition. This happens due to the high volatility of Cryptocurrency and its liquidity. Spread can increase above 1% during very volatile market but usually averages below 1%. Our team here at Pluang will always try to keep the spread as low as possible.
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Key Stats

  • Market Cap
    Rp557,06M
  • Volume (24h)
    Rp69,36M
  • Circulating Supply
    1,3B / 2,1B MERL (61%)
  • Trading Activity
    34% Sell | 66% Buy
  • Typical Hold Time
    7 Days
Rp443.37
ATH: Rp361.52
03 Apr 2026
ATL: Rp25,192.12
19 Apr 2024

Merlin Chain currently has a market capitalization of Rp557,06M and a 24-hour trading volume of Rp69,36M. Merlin Chain has traded between an all-time low of Rp361.52 and an all-time high of Rp25,192.12. The circulating supply of Merlin Chain stands at 1,3B / 2,1B MERL (61%). Recent trading activity shows 34% Sell and 66% Buy, highlighting current market sentiment. On average, investors hold Merlin Chain for approximately 7 Days.

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