The Graph GRT
GRT cycle analysis · chart, confirmed lows and fundamentals
Amber List Recovering held Phoenix · monthly · score 55 mixed
68.5% below its 365-day high of $0.0776 (2025-11-07), +89.7% 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, +89.7% above the Aug 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 2Dg 2Ug 1r
- Confirmed low
- $0.0129 · 2026-08-31
- Position
- 2 of median 5.0 (max 14)
- Current low
- $0.0129 · confirmed
- Cycle-low confidence
- 32% · in band
- Confirmed lows
- 11
Weekly
- Last bars
- 2Ug 1r 2Dr 2Dr 1g
- Confirmed low
- $0.0169 · 2026-09-20
- Position
- 5 of median 5 (max 18)
- Current low
- $0.0129 · confirmed
- Cycle-low confidence
- 86% · in band
- Confirmed lows
- 50
Daily
- Last bars
- 2Dr 2Dr 1g 3g 1r
- Confirmed low
- $0.0227 · 2026-10-18 (daily)
- Position
- 3 of median 5 (max 18)
- Current low
- $0.0227 · confirmed
- Cycle-low confidence
- 22%
- Confirmed lows
- 388
The full read, in sentences
- Monthly: forming bar is a red inside bar. Last confirmed swing low 0.0129 (Aug 2026), month 2 of a cycle that has typically run 5. Cycle-low confidence 32%.
- Weekly: forming bar is a green inside bar. Last confirmed swing low 0.01695 (Sep 2026), week 5 of a cycle that has typically run 5. Cycle-low confidence 86%.
- Daily: bar is a red inside bar. Last confirmed swing low 0.02267 (2026-10-18), day 3 of a cycle that has typically run 5. Cycle-low confidence 22%.
- Amber List: 68% below the 2025-11-07 high; +90% off the 365-day low.
- Phoenix: 97% decline over 29 months, monthly swing low confirmed (next-bar), now +90% above the trough; first weekly pullback after the low confirmed 2026-09-27 (trigger 0.02272).
- Gauges: Mayer multiple 1.15 (neutral); -80% vs the 200-week average; -99% from the all-time high.
Has The Graph bottomed?
A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the GRT snapshot records on 2026-10-21 UTC:
Monthly: the last confirmed swing low is $0.0129 from 2026-08-31. The current candidate is marked confirmed. The latest monthly bar is still forming.
Weekly: the last confirmed swing low is $0.0169 from 2026-09-20. The current candidate is marked confirmed. The latest weekly bar is still forming.
Daily: the last confirmed swing low is $0.0227 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 The Graph below its high?
The Coinbase price snapshot is 68.5% below its rolling 365-day high of $0.0776 from 2025-11-07. Separately, CoinGecko reports -99.1% relative to its all-time high of $2.84 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.
- First observed: Amber List; recovering · Phoenix monthly
Phoenix
stopped falling, by the rules- Peak
- $0.4963 · Mar 2024
- Trough
- $0.0129 · Aug 2026
- Decline
- -97.4% over 29 months
- Above trough
- +89.7%
- Monthly
- confirmed (next-bar) · trigger $0.0193
- Weekly
- confirmed (next-bar)
- False bottom
- none
- Entry
- pullback #1 low $0.0169 confirmed 2026-09-27 · trigger $0.0227
| decline | 30 |
| confirmation | 25 |
| earliness | 0 |
| stale | 0 |
| false bottom | 0 |
| bluechip | 0 |
Fundamentals
| Liquidity (24h volume / market cap) can you get out | 2.56 % | 6.9 / 15 |
| Supply overhang (FDV / market cap) unlocked supply waiting to sell | 1.06 x | 14.5 / 15 |
| Size (market-cap rank) survivorship | 151 # | 3 / 15 |
| Usage (price / annualized fees) fees people actually pay to use it (DefiLlama) | 1317.9 x | 0 / 20 |
| Fee momentum (30d vs prior 30d) is usage growing into the recovery | 1.3 % | 5.1 / 10 |
| Age on Coinbase survived a cycle | 5.8 yrs | 10.0 / 10 |
| tvl | could not look — no source data | |
6 of 7 measurable; score renormalized over what was measurable.
- Market cap
- $308.9M
- Fully diluted
- $327.8M
- 24h volume
- $7.9M
- Circulating
- 10,941,320,353
- All-time high
- $2.84 · 2021-02-11 (-99.1%)
- TVL
- $0 (protocol)
- Fees 30d
- $19.3K
- Revenue 30d
- $0
- Fees 1y
- $446.2K
- Mayer multiple
- 1.151 · neutral
- vs 200-week avg
- -79.9%
- Pi cycle
- 0.349
- On Coinbase since
- 2020-12-17 (2135 bars)
- CoinGecko id
- the-graph
Continue your cycle research
How to read a crypto cycle chart · Calculation rules and sources