Layer 1 · rank #22

NEAR Protocol NEAR

NEAR cycle analysis · chart, confirmed lows and fundamentals

$5.02+2.0% 1d+3.0% 7d+17.7% 30d

Phoenix · monthly · score 84.0 bullish lean

16.3% below its 365-day high of $6.00 (2026-10-12), +495.4% off the 365-day low. Snapshot 2026-10-21 UTC.

From the peak to today, log scale
0.9612.828.292024-052025-072026-10low 1.54 (83%)false bottommonthly trigger 2.15
Where it stands

Not on the Broken Coins list.

Not on the Broken Coins list: 16% below its rolling 365-day high, under the 50% Watch line, and no crash trigger.

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, +227.3% 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 2U

Last bars
2Ur 2Dr 3g 2Ug 2Ur
Confirmed low
$1.54 · 2026-08-31
Position
2 of median 5.5 (max 10)
Current low
$1.54 · confirmed
Cycle-low confidence
27%
Confirmed lows
9

Weekly 1

Last bars
2Ug 1r 3g 2Ur 1g
Confirmed low
$4.30 · 2026-10-11
Position
2 of median 5.0 (max 18)
Current low
$1.54 · confirmed
Cycle-low confidence
51%
Confirmed lows
33

Daily 2U

Last bars
2Dr 2Dg 2Ur 2Dg 2Ug
Confirmed low
$4.62 · 2026-10-20 (daily)
Position
1 of median 5 (max 21)
Current low
$4.62 · confirmed
Cycle-low confidence
24% · in band
Confirmed lows
264
The full read, in sentences
  • Monthly: forming bar is a red 2-Up. Last confirmed swing low 1.54 (Aug 2026), month 2 of a cycle that has typically run 5.5. Cycle-low confidence 27%.
  • Weekly: forming bar is a green inside bar. Last confirmed swing low 4.30 (Oct 2026), week 2 of a cycle that has typically run 5. Cycle-low confidence 51%.
  • Daily: bar is a green 2-Up. Last confirmed swing low 4.62 (2026-10-20), day 1 of a cycle that has typically run 5. Cycle-low confidence 24%.
  • Phoenix: 83% decline over 29 months, monthly swing low confirmed (next-bar), now +227% above the trough; first weekly pullback after the low confirmed 2026-10-18 (trigger 5.93).
  • Gauges: Mayer multiple 2.13 (neutral); +67% vs the 200-week average; -43% from the all-time high.

Has NEAR Protocol bottomed?

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

Monthly: the last confirmed swing low is $1.54 from 2026-08-31. The current candidate is marked confirmed. The latest monthly bar is still forming.

Weekly: the last confirmed swing low is $4.30 from 2026-10-11. The current candidate is marked confirmed. The latest weekly bar is still forming.

Daily: the last confirmed swing low is $4.62 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 NEAR Protocol below its high?

The Coinbase price snapshot is 16.3% below its rolling 365-day high of $6.00 from 2026-10-12. Separately, CoinGecko reports -75.4% relative to its all-time high of $20.44 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. First observed: Phoenix monthly

Phoenix

stopped falling, by the rules
Peak
$9.00 · Mar 2024
Trough
$1.54 · Aug 2026
Decline
-82.9% over 29 months
Above trough
+227.3%
Monthly
confirmed (next-bar) · trigger $2.15
Weekly
confirmed (next-bar)
False bottom
$1.79 · Jun 2025 (2 higher highs, then undercut)
Entry
pullback #1 low $4.30 confirmed 2026-10-18 · trigger $5.93
Score 84.0
decline26.5
confirmation25
earliness22.5
stale0
false bottom10
bluechip0

Fundamentals

CoinGecko + DefiLlama, pulled 2026-10-21 .xlsx
Health62 / 100 · Sound
Liquidity (24h volume / market cap)
can you get out
7.72 %15.0 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
1.0 x15.0 / 15
Size (market-cap rank)
survivorship
22 #12 / 15
Usage (price / annualized fees)
fees people actually pay to use it (DefiLlama)
2318.8 x0 / 20
TVL backing (market cap / TVL)
capital parked in it (DefiLlama)
27.98 x0.0 / 15
Fee momentum (30d vs prior 30d)
is usage growing into the recovery
243.2 %10.0 / 10
Age on Coinbase
survived a cycle
4.1 yrs10.0 / 10

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

Market cap
$6.31B
Fully diluted
$6.31B
24h volume
$487.6M
Circulating
1,308,004,119
All-time high
$20.44 · 2022-01-16 (-75.4%)
TVL
$225.7M (chain)
Fees 30d
$223.7K
Revenue 30d
$156.6K
Fees 1y
$1.2M
Mayer multiple
2.13 · neutral
vs 200-week avg
+66.7%
Pi cycle
0.704
On Coinbase since
2022-09-01 (1512 bars)
CoinGecko id
near

Continue your cycle research

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