DePIN · rank #1288

Orchid Protocol OXT

OXT cycle analysis · chart, confirmed lows and fundamentals

$0.00987+1.3% 1d+5.8% 7d-6.6% 30d

Amber List Recovering Phoenix · monthly · score 40 mixed

76.9% below its 365-day high of $0.0427 (2025-10-26), +199.1% off the 365-day low. Snapshot 2026-10-21 UTC.

From the peak to today, log scale
0.00360.022580.14162024-052025-072026-10low 0.0033 (98%)monthly trigger 0.0096
Where it stands

On the Amber List.

77% below its rolling 365-day high, 360 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, +199.1% above the Jun 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 1

Last bars
2Dr 2Ug 1r 1g 1r
Confirmed low
$0.0033 · 2026-06-30
Position
4 of median 8 (max 18)
Current low
$0.0033 · confirmed
Cycle-low confidence
85% · in band
Confirmed lows
8

Weekly 1

Last bars
1g 3g 2Ur 2Dr 1g
Confirmed low
$0.00893 · 2026-10-04
Position
3 of median 4 (max 18)
Current low
$0.00891 · unconfirmed
Confirms above
$0.0109
Cycle-low confidence
64% · in band
Confirmed lows
60

Daily 2U

Last bars
2Ur 2Dg 1g 2Dr 2Ug
Confirmed low
$0.00943 · 2026-10-20 (daily)
Position
1 of median 5 (max 31)
Current low
$0.00919 · unconfirmed
Confirms above
$0.0104
Cycle-low confidence
59% · in band
Confirmed lows
418
The full read, in sentences
  • Monthly: forming bar is a red inside bar. Last confirmed swing low 0.0033 (Jun 2026), month 4 of a cycle that has typically run 8. Cycle-low confidence 85%.
  • Weekly: forming bar is a green inside bar. Last confirmed swing low 0.00893 (Oct 2026), week 3 of a cycle that has typically run 4. Current low 0.00891 is unconfirmed — it confirms above 0.01087. Cycle-low confidence 64%.
  • Daily: bar is a green 2-Up. Last confirmed swing low 0.00943 (2026-10-20), day 1 of a cycle that has typically run 5. Current low 0.00919 is unconfirmed — it confirms above 0.01045. Cycle-low confidence 59%.
  • Amber List: 77% below the 2025-10-26 high; +199% off the 365-day low.
  • Phoenix: 98% decline over 27 months, monthly swing low confirmed (next-bar), now +199% above the trough; pullback #3 confirmed 2026-10-11.
  • Gauges: Mayer multiple 1.06 (neutral); -84% vs the 200-week average; -99% from the all-time high.

Has Orchid Protocol bottomed?

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

Monthly: the last confirmed swing low is $0.0033 from 2026-06-30. The current candidate is marked confirmed. The latest monthly bar is still forming.

Weekly: the last confirmed swing low is $0.00893 from 2026-10-04. A newer candidate at $0.00891 is unconfirmed; its confirmation level is above $0.0109, provided the candidate low is not undercut first. The latest weekly bar is still forming.

Daily: the last confirmed swing low is $0.00943 from 2026-10-20. A newer candidate at $0.00919 is unconfirmed; its confirmation level is above $0.0104, 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 Orchid Protocol below its high?

The Coinbase price snapshot is 76.9% below its rolling 365-day high of $0.0427 from 2025-10-26. Separately, CoinGecko reports -99.0% relative to its all-time high of $1.03 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. Red List; recovering · Phoenix monthly → Amber List; recovering · Phoenix monthly
  2. Amber List; recovering · Phoenix monthly → Red List; recovering · Phoenix monthly
  3. First observed: Amber List; recovering · Phoenix monthly

Phoenix

stopped falling, by the rules
Peak
$0.1780 · Mar 2024
Trough
$0.0033 · Jun 2026
Decline
-98.1% over 27 months
Above trough
+199.1%
Monthly
confirmed (next-bar) · trigger $0.0096
Weekly
confirmed (late (2 bars))
False bottom
none
Entry
pullback #3 low $0.00893 confirmed 2026-10-11 · trigger $0.0130
Score 40
decline30
confirmation25
earliness0
stale-15
false bottom0
bluechip0

Fundamentals

CoinGecko + DefiLlama, pulled 2026-10-21 .xlsx
Health73 / 100 · Strong
Liquidity (24h volume / market cap)
can you get out
11.11 %15.0 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
1.0 x15.0 / 15
Size (market-cap rank)
survivorship
1288 #0 / 15
Age on Coinbase
survived a cycle
6.1 yrs10.0 / 10
usagecould not look — no source data
tvlcould not look — no source data
momentumcould not look — no source data

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

Market cap
$10.0M
Fully diluted
$10.0M
24h volume
$1.1M
Circulating
997,214,634
All-time high
$1.03 · 2021-04-05 (-99.0%)
Mayer multiple
1.057 · neutral
vs 200-week avg
-84.4%
Pi cycle
0.319
On Coinbase since
2020-08-31 (2243 bars)
CoinGecko id
orchid-protocol

Continue your cycle research

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