IP IP
IP cycle analysis · chart, confirmed lows and fundamentals
Red List Recovering Phoenix · monthly · score 72.5 mixed
98.0% below its 365-day high of $10.55 (2025-10-06), +23.1% off the 365-day low. Snapshot 2026-10-05 UTC.
On the Red List.
98% below its rolling 365-day high, 364 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, +23.1% 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 2Dr 2Ug 1r
- Confirmed low
- $0.1694 · 2026-08-31
- Position
- 2 of median 8.0 (max 14)
- Current low
- $0.1694 · confirmed
- Cycle-low confidence
- —
- Confirmed lows
- 3
Weekly
- Last bars
- 1r 3g 2Ug 1r 1r
- Confirmed low
- $0.1776 · 2026-09-20
- Position
- 3 of median 8.5 (max 18)
- Current low
- $0.1694 · confirmed
- Cycle-low confidence
- 75%
- Confirmed lows
- 9
Daily
- Last bars
- 3r 2Dr 2Dg 1r 3r
- Confirmed low
- $0.1891 · 2026-09-20 (daily)
- Position
- 15 of median 4.0 (max 19)
- Current low
- $0.2070 · unconfirmed
- Confirms above
- $0.2232
- Cycle-low confidence
- 31% · in band
- Confirmed lows
- 99
The full read, in sentences
- Monthly: forming bar is a red inside bar. Last confirmed swing low 0.1694 (Aug 2026), month 2 of a cycle that has typically run 8.
- Weekly: bar is a red inside bar. Last confirmed swing low 0.1776 (Sep 2026), week 3 of a cycle that has typically run 8.5. Cycle-low confidence 75%.
- Daily: bar is a red outside bar (3). Last confirmed swing low 0.1891 (2026-09-20), day 15 of a cycle that has typically run 4. Current low 0.207 is unconfirmed — it confirms above 0.2232. Cycle-low confidence 31%.
- Red List: 98% below the 2025-10-06 high; +23% off the 365-day low.
- Phoenix: 99% decline over 11 months, monthly swing low confirmed (next-bar), now +23% above the trough; first weekly pullback after the low confirmed 2026-09-27 (trigger 0.201).
- Gauges: Mayer multiple 0.59 (cheap); -98% from the all-time high.
Has IP bottomed?
A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the IP snapshot records on 2026-10-05 UTC:
Monthly: the last confirmed swing low is $0.1694 from 2026-08-31. The current candidate is marked confirmed. The latest monthly bar is still forming.
Weekly: the last confirmed swing low is $0.1776 from 2026-09-20. The current candidate is marked confirmed.
Daily: the last confirmed swing low is $0.1891 from 2026-09-20. A newer candidate at $0.2070 is unconfirmed; its confirmation level is above $0.2232, 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 IP below its high?
The Coinbase price snapshot is 98.0% below its rolling 365-day high of $10.55 from 2025-10-06.
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.
- Red List → Red List; recovering · Phoenix monthly
- First observed: Red List
Phoenix
stopped falling, by the rules- Peak
- $14.93 · Sep 2025
- Trough
- $0.1694 · Aug 2026
- Decline
- -98.9% over 11 months
- Above trough
- +23.1%
- Monthly
- confirmed (next-bar) · trigger $0.2241
- Weekly
- confirmed (late (5 bars))
- False bottom
- $2.44 · Jun 2025 (3 higher highs, then undercut)
- Entry
- pullback #1 low $0.1776 confirmed 2026-09-27 · trigger $0.2010
| decline | 30 |
| confirmation | 25 |
| earliness | 7.5 |
| stale | 0 |
| false bottom | 10 |
| bluechip | 0 |
Fundamentals
| Age on Coinbase survived a cycle | 1.7 yrs | 3.4 / 10 |
| liquidity | could not look — no source data | |
| overhang | could not look — no source data | |
| size | could not look — no source data | |
| usage | could not look — no source data | |
| tvl | could not look — no source data | |
| momentum | could not look — no source data | |
1 of 7 measurable; score renormalized over what was measurable.
- Market cap
- —
- Fully diluted
- —
- 24h volume
- —
- Circulating
- —
- All-time high
- — · — (—)
- Mayer multiple
- 0.595 · cheap
- Pi cycle
- 0.104
- On Coinbase since
- 2025-02-13 (600 bars)
- CoinGecko id
- unresolved
Continue your cycle research
How to read a crypto cycle chart · Calculation rules and sources