DeFi · rank #569

Band BAND

BAND cycle analysis · chart, confirmed lows and fundamentals

$0.2229+0.8% 1d-3.6% 7d+3.7% 30d

Amber List Recovering held Phoenix · monthly · score 50 mixed

61.0% below its 365-day high of $0.5710 (2025-10-27), +63.9% off the 365-day low. Snapshot 2026-10-21 UTC.

From the peak to today, log scale
0.1360.55862.292024-052025-072026-10low 0.136 (95%)false bottommonthly trigger 0.212
Where it stands

On the Amber List.

Held on the Amber List: it last met the Amber List rules. 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, +63.9% above the Jun 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 1g 2Ug 2Ug 2Ug
Confirmed low
$0.1360 · 2026-06-30
Position
4 of median 5.0 (max 16)
Current low
$0.1360 · confirmed
Cycle-low confidence
20%
Confirmed lows
11

Weekly 1

Last bars
2Ug 2Ug 2Ug 2Dr 1g
Confirmed low
$0.1736 · 2026-09-20
Position
5 of median 5.0 (max 14)
Current low
$0.2074 · unconfirmed
Confirms above
$0.2566
Cycle-low confidence
48% · in band
Confirmed lows
55

Daily 1

Last bars
3r 2Dr 1g 2Ug 1g
Confirmed low
$0.2135 · 2026-10-08 (daily)
Position
13 of median 5.0 (max 18)
Current low
$0.2074 · unconfirmed
Confirms above
$0.2267
Cycle-low confidence
62% · in band
Confirmed lows
427
The full read, in sentences
  • Monthly: forming bar is a green 2-Up. Last confirmed swing low 0.136 (Jun 2026), month 4 of a cycle that has typically run 5. Cycle-low confidence 20%.
  • Weekly: forming bar is a green inside bar. Last confirmed swing low 0.1736 (Sep 2026), week 5 of a cycle that has typically run 5. Current low 0.2074 is unconfirmed — it confirms above 0.2566. Cycle-low confidence 48%.
  • Daily: bar is a green inside bar. Last confirmed swing low 0.2135 (2026-10-08), day 13 of a cycle that has typically run 5. Current low 0.2074 is unconfirmed — it confirms above 0.2267. Cycle-low confidence 62%.
  • Amber List: 61% below the 2025-10-27 high; +64% off the 365-day low.
  • Phoenix: 95% decline over 27 months, monthly swing low confirmed (late (2 bars)), now +64% above the trough; pullback #3 confirmed 2026-09-27.
  • Gauges: Mayer multiple 1.16 (neutral); -78% vs the 200-week average; -99% from the all-time high.

Has Band bottomed?

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

Monthly: the last confirmed swing low is $0.1360 from 2026-06-30. The current candidate is marked confirmed. The latest monthly bar is still forming.

Weekly: the last confirmed swing low is $0.1736 from 2026-09-20. A newer candidate at $0.2074 is unconfirmed; its confirmation level is above $0.2566, provided the candidate low is not undercut first. The latest weekly bar is still forming.

Daily: the last confirmed swing low is $0.2135 from 2026-10-08. A newer candidate at $0.2074 is unconfirmed; its confirmation level is above $0.2267, 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 Band below its high?

The Coinbase price snapshot is 61.0% below its rolling 365-day high of $0.5710 from 2025-10-27. Separately, CoinGecko reports -99.0% relative to its all-time high of $22.83 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. First observed: Amber List; recovering · Phoenix monthly

Phoenix

stopped falling, by the rules
Peak
$2.90 · Mar 2024
Trough
$0.1360 · Jun 2026
Decline
-95.3% over 27 months
Above trough
+63.9%
Monthly
confirmed (late (2 bars)) · trigger $0.2120
Weekly
confirmed (late (2 bars))
False bottom
$0.5020 · Jun 2025 (2 higher highs, then undercut)
Entry
pullback #3 low $0.1736 confirmed 2026-09-27 · trigger $0.2198
Score 50
decline30
confirmation25
earliness0
stale-15
false bottom10
bluechip0

Fundamentals

CoinGecko + DefiLlama, pulled 2026-10-21 .xlsx
Health60 / 100 · Sound
Liquidity (24h volume / market cap)
can you get out
2.96 %8.2 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
1.0 x15.0 / 15
Size (market-cap rank)
survivorship
569 #0 / 15
Age on Coinbase
survived a cycle
6.1 yrs10.0 / 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
$41.1M
Fully diluted
$41.1M
24h volume
$1.2M
Circulating
183,268,110
All-time high
$22.83 · 2021-04-15 (-99.0%)
Mayer multiple
1.163 · neutral
vs 200-week avg
-78.5%
Pi cycle
0.389
On Coinbase since
2020-08-31 (2243 bars)
CoinGecko id
band-protocol

Continue your cycle research

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