MerlinSwap (MP)
1. Fundamental Analysis
1.1 Introduce
MerlinSwap stands as the 1# Decentralized Exchange in the Bitcoin ecosystem, aimed to become the liquidity hub for BTC and Bitcoin eco-assets across Bitcoin layer2.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | MP | Market Cap | 3118815 |
| Name | MerlinSwap | White Paper | -- |
| Web Site | https://merlinswap.org/home | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://scan.merlinchain.io/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 21000000000 | |
| Supply | 21000000000 | Release Date | 2024-03-28 |
| Available Supply | 3150000000 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.0009964 | 0.0010002 | 0.0009851 | 0.0009861 | 7140.15160215 |
| 2024-12-31 | 0.0010096 | 0.0010099 | 0.0009806 | 0.0009914 | 45132.60503426 |
| 2024-12-30 | 0.001019 | 0.0010717 | 0.0010091 | 0.0010093 | 32807.17873608 |
| 2024-12-29 | 0.0010362 | 0.0010362 | 0.0010107 | 0.0010113 | 22001.08088591 |
| 2024-12-28 | 0.0010435 | 0.0010466 | 0.0010214 | 0.0010362 | 29310.31087416 |
| 2024-12-27 | 0.0010612 | 0.0010649 | 0.0010338 | 0.0010426 | 31877.0307721 |
| 2024-12-26 | 0.001081 | 0.0011003 | 0.0010591 | 0.0010627 | 32658.24454789 |
| 2024-12-25 | 0.0010723 | 0.001085 | 0.0010629 | 0.0010812 | 32465.99033208 |
| 2024-12-24 | 0.0010462 | 0.0010745 | 0.0010362 | 0.0010721 | 32344.31791484 |
| 2024-12-23 | 0.0010732 | 0.0010747 | 0.0010338 | 0.0010465 | 32221.56611644 |
| 2024-12-22 | 0.0010872 | 0.0011115 | 0.0010719 | 0.0010728 | 33366.77705715 |
| 2024-12-21 | 0.0010585 | 0.001107 | 0.0010422 | 0.0010916 | 35723.24086605 |
| 2024-12-20 | 0.0011399 | 0.0011457 | 0.0010216 | 0.0010619 | 42524.07843288 |
| 2024-12-19 | 0.0012363 | 0.0012607 | 0.0011341 | 0.0011406 | 37487.69372344 |
| 2024-12-18 | 0.0013203 | 0.0013217 | 0.0011932 | 0.0012361 | 48628.79741461 |
| 2024-12-17 | 0.0013816 | 0.0013867 | 0.0012999 | 0.0013197 | 55587.99255208 |
| 2024-12-16 | 0.001439 | 0.0014508 | 0.0013641 | 0.0013829 | 45814.61700337 |
| 2024-12-15 | 0.0014948 | 0.0017517 | 0.0014096 | 0.0014389 | 64059.52914573 |
| 2024-12-14 | 0.0014599 | 0.001497 | 0.0014583 | 0.0014937 | 43853.40696849 |
| 2024-12-13 | 0.0015035 | 0.001504 | 0.0014094 | 0.0014587 | 49281.21634554 |
| 2024-12-12 | 0.0014277 | 0.001533 | 0.0014265 | 0.001503 | 54328.37518796 |
| 2024-12-11 | 0.0015973 | 0.0016001 | 0.0013731 | 0.0014277 | 73218.46151729 |
| 2024-12-10 | 0.0017195 | 0.0017304 | 0.001572 | 0.0015963 | 61873.44176508 |
| 2024-12-09 | 0.0019143 | 0.0019426 | 0.0016202 | 0.0017155 | 90452.37038557 |
| 2024-12-08 | 0.0019914 | 0.0020031 | 0.0019041 | 0.001926 | 67095.73334018 |
| 2024-12-07 | 0.0021828 | 0.002203 | 0.001977 | 0.0019916 | 77175.57647831 |
| 2024-12-06 | 0.0020869 | 0.002219 | 0.00203 | 0.0021793 | 84412.05872003 |
| 2024-12-05 | 0.0022522 | 0.002383 | 0.002085 | 0.0020904 | 83150.63230589 |
| 2024-12-04 | 0.0017513 | 0.0025155 | 0.001736 | 0.0022511 | 145109.09417293 |
| 2024-12-03 | 0.0013253 | 0.0018 | 0.0013186 | 0.0017496 | 178089.68422955 |
2.2 Analysis
The recent sharp price increase from December 4th to December 9th, followed by a period of consolidation and slight decline, suggests a potential short-term bearish trend. However, the overall trend from December 15th onwards indicates a strong upward momentum. While volatility remains, the longer-term outlook is bullish, with potential for further price increases in the near future, though a minor correction is possible before a significant upswing. Continued monitoring of volume and price action is crucial for accurate near-term prediction.
