Algorand ALGO
ALGO cycle analysis · chart, confirmed lows and fundamentals
Amber List Recovering held Phoenix · monthly · score 63.9 bullish lean
42.9% below its 365-day high of $0.1992 (2025-10-28), +50.3% off the 365-day low. Snapshot 2026-10-21 UTC.
On the Amber List.
Held on the Amber List: it last met the Amber List rules on 2026-10-20. Today it reads Watch; a tier moves down only after five consecutive scans below its rules.
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, +50.3% above the Jul 2026 trough. Details below.
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 highMonthly
- Last bars
- 2Dr 2Dr 2Ug 2Ug 2Ur
- Confirmed low
- $0.0756 · 2026-07-31
- Position
- 3 of median 6.0 (max 14)
- Current low
- $0.0756 · confirmed
- Cycle-low confidence
- 38% · in band
- Confirmed lows
- 11
Weekly
- Last bars
- 2Ug 2Ug 3r 2Dr 1g
- Confirmed low
- $0.0851 · 2026-09-20
- Position
- 5 of median 4 (max 18)
- Current low
- $0.1058 · unconfirmed
- Confirms above
- $0.1335
- Cycle-low confidence
- 62% · in band
- Confirmed lows
- 62
Daily
- Last bars
- 2Dr 2Dr 2Ur 2Ug 2Ug
- Confirmed low
- $0.1058 · 2026-10-18 (daily)
- Position
- 3 of median 5 (max 20)
- Current low
- $0.1058 · confirmed
- Cycle-low confidence
- 26%
- Confirmed lows
- 420
The full read, in sentences
- Monthly: forming bar is a red 2-Up. Last confirmed swing low 0.0756 (Jul 2026), month 3 of a cycle that has typically run 6. Cycle-low confidence 38%.
- Weekly: forming bar is a green inside bar. Last confirmed swing low 0.08505 (Sep 2026), week 5 of a cycle that has typically run 4. Current low 0.1058 is unconfirmed — it confirms above 0.1335. Cycle-low confidence 62%.
- Daily: bar is a green 2-Up. Last confirmed swing low 0.1058 (2026-10-18), day 3 of a cycle that has typically run 5. Cycle-low confidence 26%.
- Amber List: 43% below the 2025-10-28 high; +50% off the 365-day low.
- Phoenix: 88% decline over 19 months, monthly swing low confirmed (next-bar), now +50% above the trough; pullback #3 confirmed 2026-09-27.
- Gauges: Mayer multiple 1.13 (neutral); -34% vs the 200-week average; -95% from the all-time high.
Has Algorand bottomed?
A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the ALGO snapshot records on 2026-10-21 UTC:
Monthly: the last confirmed swing low is $0.0756 from 2026-07-31. The current candidate is marked confirmed. The latest monthly bar is still forming.
Weekly: the last confirmed swing low is $0.0851 from 2026-09-20. A newer candidate at $0.1058 is unconfirmed; its confirmation level is above $0.1335, provided the candidate low is not undercut first. The latest weekly bar is still forming.
Daily: the last confirmed swing low is $0.1058 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 Algorand below its high?
The Coinbase price snapshot is 42.9% below its rolling 365-day high of $0.1992 from 2025-10-28. Separately, CoinGecko reports -96.8% relative to its all-time high of $3.56 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 timesFirst observed 2026-09-19. 33 observations; absence from a captured scan is unmatched, never recovery.
- Watch; recovering · Phoenix monthly → Amber List; recovering · Phoenix monthly
- First observed: Watch; recovering · Phoenix monthly
Phoenix
stopped falling, by the rules- Peak
- $0.6133 · Dec 2024
- Trough
- $0.0756 · Jul 2026
- Decline
- -87.7% over 19 months
- Above trough
- +50.3%
- Monthly
- confirmed (next-bar) · trigger $0.0927
- Weekly
- confirmed (next-bar)
- False bottom
- $0.0794 · Mar 2026 (2 higher highs, then undercut)
- Entry
- pullback #3 low $0.0851 confirmed 2026-09-27 · trigger $0.1148
| decline | 28.9 |
| confirmation | 25 |
| earliness | 0 |
| stale | 0 |
| false bottom | 10 |
| bluechip | 0 |
Fundamentals
| Liquidity (24h volume / market cap) can you get out | 6.05 % | 15.0 / 15 |
| Supply overhang (FDV / market cap) unlocked supply waiting to sell | 1.0 x | 15.0 / 15 |
| Size (market-cap rank) survivorship | 74 # | 9 / 15 |
| Usage (price / annualized fees) fees people actually pay to use it (DefiLlama) | 172395.8 x | 0 / 20 |
| TVL backing (market cap / TVL) capital parked in it (DefiLlama) | 33.9 x | 0.0 / 15 |
| Fee momentum (30d vs prior 30d) is usage growing into the recovery | 24.2 % | 7.4 / 10 |
| Age on Coinbase survived a cycle | 6.1 yrs | 10.0 / 10 |
7 of 7 measurable; score renormalized over what was measurable.
- Market cap
- $1.17B
- Fully diluted
- $1.17B
- 24h volume
- $71.0M
- Circulating
- 9,062,766,521 of 10,000,000,000 max
- All-time high
- $3.56 · 2019-06-20 (-96.8%)
- TVL
- $34.7M (chain)
- Fees 30d
- $560
- Revenue 30d
- $560
- Fees 1y
- $6.4K
- Mayer multiple
- 1.128 · neutral
- vs 200-week avg
- -34.4%
- Pi cycle
- 0.449
- On Coinbase since
- 2020-08-31 (2243 bars)
- CoinGecko id
- algorand
Continue your cycle research
How to read a crypto cycle chart · Calculation rules and sources