DePIN · rank #1366

HOPR HOPR

HOPR cycle analysis · chart, confirmed lows and fundamentals

$0.0133+2.8% 1d+0.2% 7d+3.7% 30d

Red List Recovering held Phoenix · monthly · score 67.0 mixed

73.1% below its 365-day high of $0.0493 (2025-11-01), +31.4% off the 365-day low. Snapshot 2026-10-21 UTC.

From the peak to today, log scale
0.01060.039910.15032024-052025-072026-10low 0.0101 (96%)monthly trigger 0.0135
Where it stands

On the Red List.

Held on the Red List: it last met the Red List rules. Today it reads Amber List; 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, +31.4% 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 1

Last bars
3r 2Dr 2Dr 2Ug 1r
Confirmed low
$0.0101 · 2026-08-31
Position
2 of median 9 (max 18)
Current low
$0.0101 · confirmed
Cycle-low confidence
49% · in band
Confirmed lows
6

Weekly 1

Last bars
1g 2Ur 2Dr 2Ur 1g
Confirmed low
$0.0110 · 2026-10-11
Position
2 of median 4 (max 19)
Current low
$0.0110 · confirmed
Cycle-low confidence
43%
Confirmed lows
32

Daily 2U

Last bars
2Ur 2Dr 2Dg 2Dg 2Ug
Confirmed low
$0.0122 · 2026-10-20 (daily)
Position
1 of median 5.0 (max 28)
Current low
$0.0122 · confirmed
Cycle-low confidence
29% · in band
Confirmed lows
263
The full read, in sentences
  • Monthly: forming bar is a red inside bar. Last confirmed swing low 0.0101 (Aug 2026), month 2 of a cycle that has typically run 9. Cycle-low confidence 49%.
  • Weekly: forming bar is a green inside bar. Last confirmed swing low 0.01099 (Oct 2026), week 2 of a cycle that has typically run 4. Cycle-low confidence 43%.
  • Daily: bar is a green 2-Up. Last confirmed swing low 0.01216 (2026-10-20), day 1 of a cycle that has typically run 5. Cycle-low confidence 29%.
  • Red List: 73% below the 2025-11-01 high; +31% off the 365-day low.
  • Phoenix: 96% decline over 29 months, monthly swing low confirmed (next-bar), now +31% above the trough; pullback #2 confirmed 2026-10-18.
  • Gauges: Mayer multiple 0.82 (cheap); -75% vs the 200-week average; -95% from the all-time high.

Has HOPR bottomed?

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

Monthly: the last confirmed swing low is $0.0101 from 2026-08-31. The current candidate is marked confirmed. The latest monthly bar is still forming.

Weekly: the last confirmed swing low is $0.0110 from 2026-10-11. The current candidate is marked confirmed. The latest weekly bar is still forming.

Daily: the last confirmed swing low is $0.0122 from 2026-10-20. 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 HOPR below its high?

The Coinbase price snapshot is 73.1% below its rolling 365-day high of $0.0493 from 2025-11-01. Separately, CoinGecko reports -98.6% relative to its all-time high of $0.9515 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. Amber List; recovering · Phoenix monthly → Red List; recovering · Phoenix monthly
  2. First observed: Amber List; recovering · Phoenix monthly

Phoenix

stopped falling, by the rules
Peak
$0.2875 · Mar 2024
Trough
$0.0101 · Aug 2026
Decline
-96.5% over 29 months
Above trough
+31.4%
Monthly
confirmed (next-bar) · trigger $0.0135
Weekly
confirmed (late (4 bars))
False bottom
none
Entry
pullback #2 low $0.0110 confirmed 2026-10-18 · trigger $0.0145
Score 67.0
decline30
confirmation25
earliness12.0
stale0
false bottom0
bluechip0

Fundamentals

CoinGecko + DefiLlama, pulled 2026-10-21 .xlsx
Health36 / 100 · Thin
Liquidity (24h volume / market cap)
can you get out
0.15 %0.0 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
1.03 x14.7 / 15
Size (market-cap rank)
survivorship
1366 #0 / 15
Usage (price / annualized fees)
fees people actually pay to use it (DefiLlama)
483.8 x0 / 20
Fee momentum (30d vs prior 30d)
is usage growing into the recovery
8.1 %5.8 / 10
Age on Coinbase
survived a cycle
4.3 yrs10.0 / 10
tvlcould not look — no source data

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

Market cap
$8.8M
Fully diluted
$9.1M
24h volume
$13.4K
Circulating
666,916,232 of 1,000,000,000 max
All-time high
$0.9515 · 2021-03-29 (-98.6%)
TVL
$0 (protocol)
Fees 30d
$1.5K
Revenue 30d
$1.5K
Fees 1y
$28.1K
Mayer multiple
0.82 · cheap
vs 200-week avg
-74.9%
Pi cycle
0.325
On Coinbase since
2022-06-22 (1583 bars)
CoinGecko id
hopr

Continue your cycle research

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