Layer3 L3
L3 cycle analysis · chart, confirmed lows and fundamentals
Red List Phoenix · weekly · score 57.5 mixed
91.8% below its 365-day high of $0.0320 (2026-04-05), +10.0% off the 365-day low. Snapshot 2026-10-21 UTC.
On the Red List.
92% below its rolling 365-day high, 199 days after the high.
Phoenix weekly: stopped falling by the rules, +10.0% above the Sep 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 2Dr 1r
- Confirmed low
- $0.00662 · 2026-02-28
- Position
- 8 of median ? (max ?)
- Current low
- $0.00239 · unconfirmed
- Confirms above
- $0.00523
- Cycle-low confidence
- —
- Confirmed lows
- 1
Weekly
- Last bars
- 2Ug 1r 3r 3r 2Dr
- Confirmed low
- $0.00239 · 2026-09-20
- Position
- 5 of median 6 (max 29)
- Current low
- $0.00258 · unconfirmed
- Confirms above
- $0.00273
- Cycle-low confidence
- 16% · in band
- Confirmed lows
- 8
Daily
- Last bars
- 2Dr 2D 2Dr 2Ur 1r
- Confirmed low
- $0.00258 · 2026-10-19 (daily)
- Position
- 2 of median 5 (max 33)
- Current low
- $0.00258 · confirmed
- Cycle-low confidence
- 41%
- Confirmed lows
- 92
The full read, in sentences
- Monthly: forming bar is a red inside bar. Last confirmed swing low 0.00662 (Feb 2026). Current low 0.00239 is unconfirmed — it confirms above 0.00523.
- Weekly: forming bar is a red 2-Down. Last confirmed swing low 0.00239 (Sep 2026), week 5 of a cycle that has typically run 6. Current low 0.00258 is unconfirmed — it confirms above 0.00273. Cycle-low confidence 16%.
- Daily: bar is a red inside bar. Last confirmed swing low 0.00258 (2026-10-19), day 2 of a cycle that has typically run 5. Cycle-low confidence 41%.
- Red List: 92% below the 2026-04-05 high; +10% off the 365-day low.
- Phoenix: 98% decline over 18 months, weekly swing low confirmed (next-bar), now +10% above the trough; a weekly pullback is forming at 0.00258; it confirms above 0.00273.
- Gauges: Mayer multiple 0.41 (cheap); -98% from the all-time high.
Has Layer3 bottomed?
A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the L3 snapshot records on 2026-10-21 UTC:
Monthly: the last confirmed swing low is $0.00662 from 2026-02-28. A newer candidate at $0.00239 is unconfirmed; its confirmation level is above $0.00523, provided the candidate low is not undercut first. The latest monthly bar is still forming.
Weekly: the last confirmed swing low is $0.00239 from 2026-09-20. A newer candidate at $0.00258 is unconfirmed; its confirmation level is above $0.00273, provided the candidate low is not undercut first. The latest weekly bar is still forming.
Daily: the last confirmed swing low is $0.00258 from 2026-10-19. 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 Layer3 below its high?
The Coinbase price snapshot is 91.8% below its rolling 365-day high of $0.0320 from 2026-04-05. Separately, CoinGecko reports -98.3% relative to its all-time high of $0.1540 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.
- Red List → Red List · Phoenix weekly
- First observed: Red List
Phoenix
stopped falling, by the rules- Peak
- $0.1586 · Mar 2025
- Trough
- $0.00239 · Sep 2026
- Decline
- -98.5% over 18 months
- Above trough
- +10.0%
- Monthly
- not yet · trigger $0.00523
- Weekly
- confirmed (next-bar)
- False bottom
- $0.00662 · Feb 2026 (2 higher highs, then undercut)
- Entry
- forming at $0.00258 · confirms above $0.00273
| decline | 30 |
| confirmation | 10 |
| earliness | 7.5 |
| stale | 0 |
| false bottom | 10 |
| bluechip | 0 |
Fundamentals
| Liquidity (24h volume / market cap) can you get out | 20.35 % | 15.0 / 15 |
| Supply overhang (FDV / market cap) unlocked supply waiting to sell | 1.76 x | 9.3 / 15 |
| Size (market-cap rank) survivorship | 1658 # | 0 / 15 |
| Usage (price / annualized fees) fees people actually pay to use it (DefiLlama) | 39.2 x | 17.9 / 20 |
| Fee momentum (30d vs prior 30d) is usage growing into the recovery | -9.9 % | 4.0 / 10 |
| Age on Coinbase survived a cycle | 1.6 yrs | 3.1 / 10 |
| tvl | could not look — no source data | |
6 of 7 measurable; score renormalized over what was measurable.
- Market cap
- $5.5M
- Fully diluted
- $9.7M
- 24h volume
- $1.1M
- Circulating
- 1,889,584,218 of 3,333,333,333 max
- All-time high
- $0.1540 · 2025-03-27 (-98.3%)
- TVL
- $0 (protocol)
- Fees 30d
- $11.5K
- Revenue 30d
- $11.5K
- Fees 1y
- $330.5K
- Mayer multiple
- 0.412 · cheap
- Pi cycle
- 0.235
- On Coinbase since
- 2025-03-27 (574 bars)
- CoinGecko id
- layer3
Continue your cycle research
How to read a crypto cycle chart · Calculation rules and sources