MERL: Price Performance Since Cycle ATH
Price change since the most recent all-time high.
Why use it. Tracks the current cycle against its peak. How to read it. Negative values are the drawdown from the peak.
Calculation. 100 x (close / close at the most recent all-time high - 1). CryptoKeyhole's own hourly MERL/USD index from public exchange candles, from 19 April 2024. In the last 30 days it drew on the markets of Bybit, Kraken, KuCoin and OKX.