AI · rank #192

Akash Network AKT

AKT cycle analysis · chart, confirmed lows and fundamentals

$0.7375+1.1% 1d+8.1% 7d+9.2% 30d

Phoenix · monthly · score 55 mixed

23.0% below its 365-day high of $0.9580 (2026-05-25), +192.7% off the 365-day low. Snapshot 2026-10-21 UTC.

From the peak to today, log scale
0.2771.285.942024-052025-072026-10low 0.408 (94%)monthly trigger 0.663
Where it stands

Not on the Broken Coins list.

Not on the Broken Coins list: 23% below its rolling 365-day high, under the 50% Watch line, and no crash trigger.

Recovering: a monthly swing low has confirmed. The badge coexists with the tier; it is not a completed recovery.

Phoenix monthly: stopped falling by the rules, +80.8% above the Jul 2026 trough. Details below.

What changed

Since the previous scan.

Tier, recovering badge and Phoenix state are unchanged between these two observations.

Comparing 2026-10-20 with 2026-10-21 UTC. Classification, not price returns.

Recorded timeline →

Where it sits in each cycle

a swing low confirms only when a later bar takes out the low bar's high

Monthly 2U

Last bars
1r 2Dr 1g 2Ug 2Ug
Confirmed low
$0.4080 · 2026-07-31
Position
3 of median 5 (max 8)
Current low
$0.4080 · confirmed
Cycle-low confidence
31% · in band
Confirmed lows
6

Weekly 1

Last bars
2Ug 2Ug 2Ur 2Dr 1g
Confirmed low
$0.4851 · 2026-09-20
Position
5 of median 6 (max 11)
Current low
$0.6301 · unconfirmed
Confirms above
$0.7910
Cycle-low confidence
38% · in band
Confirmed lows
22

Daily 1

Last bars
2Ur 2Dg 2Ur 2Ug 1g
Confirmed low
$0.6425 · 2026-10-18 (daily)
Position
3 of median 5.0 (max 15)
Current low
$0.6425 · confirmed
Cycle-low confidence
23%
Confirmed lows
179
The full read, in sentences
  • Monthly: forming bar is a green 2-Up. Last confirmed swing low 0.408 (Jul 2026), month 3 of a cycle that has typically run 5. Cycle-low confidence 31%.
  • Weekly: forming bar is a green inside bar. Last confirmed swing low 0.4851 (Sep 2026), week 5 of a cycle that has typically run 6. Current low 0.6301 is unconfirmed — it confirms above 0.791. Cycle-low confidence 38%.
  • Daily: bar is a green inside bar. Last confirmed swing low 0.6425 (2026-10-18), day 3 of a cycle that has typically run 5. Cycle-low confidence 23%.
  • Phoenix: 94% decline over 27 months, monthly swing low confirmed (late (2 bars)), now +81% above the trough; pullback #3 confirmed 2026-09-27.
  • Gauges: Mayer multiple 1.21 (neutral); -88% from the all-time high.

Has Akash Network bottomed?

A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the AKT snapshot records on 2026-10-21 UTC:

Monthly: the last confirmed swing low is $0.4080 from 2026-07-31. The current candidate is marked confirmed. The latest monthly bar is still forming.

Weekly: the last confirmed swing low is $0.4851 from 2026-09-20. A newer candidate at $0.6301 is unconfirmed; its confirmation level is above $0.7910, provided the candidate low is not undercut first. The latest weekly bar is still forming.

Daily: the last confirmed swing low is $0.6425 from 2026-10-18. The current candidate is marked confirmed.

How bottom confirmation works. Cycle-low confidence is a heuristic score, not a calibrated probability of a profitable trade.

How far is Akash Network below its high?

The Coinbase price snapshot is 23.0% below its rolling 365-day high of $0.9580 from 2026-05-25. Separately, CoinGecko reports -90.9% relative to its all-time high of $8.07 in the fundamentals snapshot pulled 2026-10-21.

Different sources and observation times can produce different drawdowns. Compare crypto drawdowns and reference highs.

The recorded history

scan observations, not exact transition times

First observed 2026-09-19. 33 observations; absence from a captured scan is unmatched, never recovery.

  1. Watch; recovering · Phoenix monthly → Phoenix monthly
  2. Watch · Phoenix weekly → Watch; recovering · Phoenix monthly
  3. First observed: Watch · Phoenix weekly

Phoenix

stopped falling, by the rules
Peak
$6.89 · Apr 2024
Trough
$0.4080 · Jul 2026
Decline
-94.1% over 27 months
Above trough
+80.8%
Monthly
confirmed (late (2 bars)) · trigger $0.6630
Weekly
confirmed (next-bar)
False bottom
none
Entry
pullback #3 low $0.4851 confirmed 2026-09-27 · trigger $0.5854
Score 55
decline30
confirmation25
earliness0
stale0
false bottom0
bluechip0

Fundamentals

CoinGecko + DefiLlama, pulled 2026-10-21 .xlsx
Health51 / 100 · Sound
Liquidity (24h volume / market cap)
can you get out
1.8 %4.3 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
1.0 x15.0 / 15
Size (market-cap rank)
survivorship
192 #3 / 15
Age on Coinbase
survived a cycle
2.6 yrs6.0 / 10
usagecould not look — no source data
tvlcould not look — no source data
momentumcould not look — no source data

4 of 7 measurable; score renormalized over what was measurable.

Market cap
$203.4M
Fully diluted
$203.4M
24h volume
$3.7M
Circulating
298,456,797 of 388,539,008 max
All-time high
$8.07 · 2021-04-06 (-90.9%)
Mayer multiple
1.213 · neutral
Pi cycle
0.543
On Coinbase since
2024-03-19 (947 bars)
CoinGecko id
akash-network

Continue your cycle research

How to read a crypto cycle chart · Calculation rules and sources