Morpho MORPHO
MORPHO cycle analysis · chart, confirmed lows and fundamentals
Watch held mixed
23.3% below its 365-day high of $2.98 (2026-09-25), +135.5% off the 365-day low. Snapshot 2026-10-21 UTC.
On the Watch.
Held on the Watch: it last met the Watch rules on 2026-10-18. Today it meets no tier rule; a tier moves down only after five consecutive scans below its rules.
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 2Ug 2Ug 2Ur 1r
- Confirmed low
- $1.58 · 2026-06-30
- Position
- 4 of median 2.0 (max 8)
- Current low
- $1.58 · confirmed
- Cycle-low confidence
- —
- Confirmed lows
- 5
Weekly
- Last bars
- 2Ug 2Dg 3r 2Dr 2Ur
- Confirmed low
- $2.24 · 2026-10-18
- Position
- 1 of median 4 (max 8)
- Current low
- $2.24 · confirmed
- Cycle-low confidence
- 32% · in band
- Confirmed lows
- 20
Daily
- Last bars
- 2Dr 3r 2Ug 1r 2Dr
- Confirmed low
- $2.27 · 2026-10-18 (daily)
- Position
- 3 of median 5 (max 14)
- Current low
- $2.28 · unconfirmed
- Confirms above
- $2.42
- Cycle-low confidence
- 20%
- Confirmed lows
- 120
The full read, in sentences
- Monthly: forming bar is a red inside bar. Last confirmed swing low 1.58 (Jun 2026), month 4 of a cycle that has typically run 2.
- Weekly: forming bar is a red 2-Up. Last confirmed swing low 2.24 (Oct 2026), week 1 of a cycle that has typically run 4. Cycle-low confidence 32%.
- Daily: bar is a red 2-Down. Last confirmed swing low 2.27 (2026-10-18), day 3 of a cycle that has typically run 5. Current low 2.28 is unconfirmed — it confirms above 2.42. Cycle-low confidence 20%.
- Watch: 23% below the 2026-09-25 high; +136% off the 365-day low.
- Gauges: Mayer multiple 1.08 (neutral); -21% from the all-time high.
Has Morpho bottomed?
A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the MORPHO snapshot records on 2026-10-21 UTC:
Monthly: the last confirmed swing low is $1.58 from 2026-06-30. The current candidate is marked confirmed. The latest monthly bar is still forming.
Weekly: the last confirmed swing low is $2.24 from 2026-10-18. The current candidate is marked confirmed. The latest weekly bar is still forming.
Daily: the last confirmed swing low is $2.27 from 2026-10-18. A newer candidate at $2.28 is unconfirmed; its confirmation level is above $2.42, 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 Morpho below its high?
The Coinbase price snapshot is 23.3% below its rolling 365-day high of $2.98 from 2026-09-25. Separately, CoinGecko reports -45.2% relative to its all-time high of $4.17 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 2026-10-15. 7 observations; absence from a captured scan is unmatched, never recovery.
- First observed: Watch
Fundamentals
| Liquidity (24h volume / market cap) can you get out | 1.36 % | 2.9 / 15 |
| Supply overhang (FDV / market cap) unlocked supply waiting to sell | 1.43 x | 11.8 / 15 |
| Size (market-cap rank) survivorship | 55 # | 9 / 15 |
| Age on Coinbase survived a cycle | 1.6 yrs | 3.3 / 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
- $1.94B
- Fully diluted
- $2.77B
- 24h volume
- $26.3M
- Circulating
- 699,981,268 of 1,000,000,000 max
- All-time high
- $4.17 · 2025-01-17 (-45.2%)
- Mayer multiple
- 1.083 · neutral
- Pi cycle
- 0.618
- On Coinbase since
- 2025-02-27 (602 bars)
- CoinGecko id
- morpho
Continue your cycle research
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