Mina Protocol MINA
MINA cycle analysis · chart, confirmed lows and fundamentals
Amber List Recovering Phoenix · monthly · score 50 bullish lean
73.5% below its 365-day high of $0.2690 (2025-11-01), +94.0% off the 365-day low. Snapshot 2026-10-21 UTC.
On the Amber List.
74% below its rolling 365-day high, 354 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, +94.0% above the Jun 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 1g 3g 2Ug 2Ur
- Confirmed low
- $0.0374 · 2026-08-31
- Position
- 2 of median 4.5 (max 10)
- Current low
- $0.0368 · confirmed
- Cycle-low confidence
- 60%
- Confirmed lows
- 11
Weekly
- Last bars
- 2Ug 2Ug 3r 2Dr 1r
- Confirmed low
- $0.0374 · 2026-08-16
- Position
- 10 of median 5 (max 13)
- Current low
- $0.0688 · unconfirmed
- Confirms above
- $0.0861
- Cycle-low confidence
- 62% · in band
- Confirmed lows
- 38
Daily
- Last bars
- 3r 2Dr 1r 2Dg 2Ur
- Confirmed low
- $0.0690 · 2026-10-20 (daily)
- Position
- 1 of median 5 (max 22)
- Current low
- $0.0688 · unconfirmed
- Confirms above
- $0.0747
- Cycle-low confidence
- 48%
- Confirmed lows
- 300
The full read, in sentences
- Monthly: forming bar is a red 2-Up. Last confirmed swing low 0.0374 (Aug 2026), month 2 of a cycle that has typically run 4.5. Cycle-low confidence 60%.
- Weekly: forming bar is a red inside bar. Last confirmed swing low 0.0374 (Aug 2026), week 10 of a cycle that has typically run 5. Current low 0.0688 is unconfirmed — it confirms above 0.0861. Cycle-low confidence 62%.
- Daily: bar is a red 2-Up. Last confirmed swing low 0.069 (2026-10-20), day 1 of a cycle that has typically run 5. Current low 0.0688 is unconfirmed — it confirms above 0.0747. Cycle-low confidence 48%.
- Amber List: 74% below the 2025-11-01 high; +94% off the 365-day low.
- Phoenix: 98% decline over 27 months, monthly swing low confirmed (late (2 bars)), now +94% above the trough; pullback #2 confirmed 2026-08-23.
- Gauges: Mayer multiple 1.11 (neutral); -84% vs the 200-week average; -98% from the all-time high.
Has Mina Protocol bottomed?
A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the MINA snapshot records on 2026-10-21 UTC:
Monthly: the last confirmed swing low is $0.0374 from 2026-08-31. The current candidate is marked confirmed. The latest monthly bar is still forming.
Weekly: the last confirmed swing low is $0.0374 from 2026-08-16. A newer candidate at $0.0688 is unconfirmed; its confirmation level is above $0.0861, provided the candidate low is not undercut first. The latest weekly bar is still forming.
Daily: the last confirmed swing low is $0.0690 from 2026-10-20. A newer candidate at $0.0688 is unconfirmed; its confirmation level is above $0.0747, 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 Mina Protocol below its high?
The Coinbase price snapshot is 73.5% below its rolling 365-day high of $0.2690 from 2025-11-01. Separately, CoinGecko reports -99.2% relative to its all-time high of $9.09 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.
- Watch; recovering · Phoenix monthly → Amber List; recovering · Phoenix monthly
- Phoenix monthly → Watch; recovering · Phoenix monthly
- Watch; recovering · Phoenix monthly → Phoenix monthly
- First observed: Watch; recovering · Phoenix monthly
Phoenix
stopped falling, by the rules- Peak
- $1.73 · Mar 2024
- Trough
- $0.0368 · Jun 2026
- Decline
- -97.9% over 27 months
- Above trough
- +94.0%
- Monthly
- confirmed (late (2 bars)) · trigger $0.0566
- Weekly
- confirmed (next-bar)
- False bottom
- $0.0523 · Mar 2026 (2 higher highs, then undercut)
- Entry
- pullback #2 low $0.0374 confirmed 2026-08-23 · trigger $0.0412
| decline | 30 |
| confirmation | 25 |
| earliness | 0 |
| stale | -15 |
| false bottom | 10 |
| bluechip | 0 |
Fundamentals
| Liquidity (24h volume / market cap) can you get out | 5.36 % | 15.0 / 15 |
| Supply overhang (FDV / market cap) unlocked supply waiting to sell | 1.0 x | 15.0 / 15 |
| Size (market-cap rank) survivorship | 189 # | 3 / 15 |
| Age on Coinbase survived a cycle | 4.5 yrs | 10.0 / 10 |
| usage | could not look — no source data | |
| tvl | could not look — no source data | |
| momentum | could not look — no source data | |
4 of 7 measurable; score renormalized over what was measurable.
- Market cap
- $209.5M
- Fully diluted
- $209.5M
- 24h volume
- $11.2M
- Circulating
- 1,293,631,020
- All-time high
- $9.09 · 2021-05-31 (-99.2%)
- Mayer multiple
- 1.115 · neutral
- vs 200-week avg
- -83.9%
- Pi cycle
- 0.504
- On Coinbase since
- 2022-04-06 (1660 bars)
- CoinGecko id
- mina-protocol
Continue your cycle research
How to read a crypto cycle chart · Calculation rules and sources