Crypto · rank #388

Axelar AXL

AXL cycle analysis · chart, confirmed lows and fundamentals

$0.0533-0.9% 1d-11.6% 7d+1.1% 30d

Amber List Recovering Phoenix · monthly · score 67.0 mixed

78.3% below its 365-day high of $0.2461 (2025-12-09), +54.5% off the 365-day low. Snapshot 2026-10-21 UTC.

From the peak to today, log scale
0.03490.21051.272024-052025-072026-10low 0.0345 (99%)monthly trigger 0.0533
Where it stands

On the Amber List.

78% below its rolling 365-day high, 316 days after the high.

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, +54.5% above the Aug 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
2Dr 2Dr 3g 2Ug 2Ug
Confirmed low
$0.0345 · 2026-08-31
Position
2 of median 9.0 (max 12)
Current low
$0.0345 · confirmed
Cycle-low confidence
26%
Confirmed lows
5

Weekly 1

Last bars
2Ug 1r 3g 2Ug 1r
Confirmed low
$0.0475 · 2026-10-11
Position
2 of median 6.0 (max 18)
Current low
$0.0475 · confirmed
Cycle-low confidence
19%
Confirmed lows
25

Daily 2D

Last bars
2Ug 3g 1r 2Dr 2Dr
Confirmed low
$0.0516 · 2026-10-15 (daily)
Position
6 of median 5 (max 24)
Current low
$0.0525 · unconfirmed
Confirms above
$0.0543
Cycle-low confidence
30%
Confirmed lows
236
The full read, in sentences
  • Monthly: forming bar is a green 2-Up. Last confirmed swing low 0.0345 (Aug 2026), month 2 of a cycle that has typically run 9. Cycle-low confidence 26%.
  • Weekly: forming bar is a red inside bar. Last confirmed swing low 0.0475 (Oct 2026), week 2 of a cycle that has typically run 6. Cycle-low confidence 19%.
  • Daily: bar is a red 2-Down. Last confirmed swing low 0.0516 (2026-10-15), day 6 of a cycle that has typically run 5. Current low 0.0525 is unconfirmed — it confirms above 0.0543. Cycle-low confidence 30%.
  • Amber List: 78% below the 2025-12-09 high; +54% off the 365-day low.
  • Phoenix: 99% decline over 29 months, monthly swing low confirmed (next-bar), now +54% above the trough; pullback #2 confirmed 2026-10-18.
  • Gauges: Mayer multiple 1.09 (neutral); -98% from the all-time high.

Has Axelar bottomed?

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

Monthly: the last confirmed swing low is $0.0345 from 2026-08-31. The current candidate is marked confirmed. The latest monthly bar is still forming.

Weekly: the last confirmed swing low is $0.0475 from 2026-10-11. The current candidate is marked confirmed. The latest weekly bar is still forming.

Daily: the last confirmed swing low is $0.0516 from 2026-10-15. A newer candidate at $0.0525 is unconfirmed; its confirmation level is above $0.0543, provided the candidate low is not undercut first.

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

How far is Axelar below its high?

The Coinbase price snapshot is 78.3% below its rolling 365-day high of $0.2461 from 2025-12-09. Separately, CoinGecko reports -98.0% relative to its all-time high of $2.64 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. Red List; recovering · Phoenix monthly → Amber List; recovering · Phoenix monthly
  2. First observed: Red List; recovering · Phoenix monthly

Phoenix

stopped falling, by the rules
Peak
$2.73 · Mar 2024
Trough
$0.0345 · Aug 2026
Decline
-98.7% over 29 months
Above trough
+54.5%
Monthly
confirmed (next-bar) · trigger $0.0533
Weekly
confirmed (late (2 bars))
False bottom
none
Entry
pullback #2 low $0.0475 confirmed 2026-10-18 · trigger $0.0593
Score 67.0
decline30
confirmation25
earliness12.0
stale0
false bottom0
bluechip0

Fundamentals

CoinGecko + DefiLlama, pulled 2026-10-21 .xlsx
Health71 / 100 · Strong
Liquidity (24h volume / market cap)
can you get out
5.9 %15.0 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
1.01 x14.9 / 15
Size (market-cap rank)
survivorship
388 #0 / 15
Age on Coinbase
survived a cycle
3.7 yrs9.1 / 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
$68.2M
Fully diluted
$68.7M
24h volume
$4.0M
Circulating
1,246,484,089
All-time high
$2.64 · 2024-03-01 (-98.0%)
Mayer multiple
1.095 · neutral
Pi cycle
0.348
On Coinbase since
2023-02-07 (1353 bars)
CoinGecko id
axelar

Continue your cycle research

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