Layer 1 · rank #1969

Vara Network VARA

VARA cycle analysis · chart, confirmed lows and fundamentals

$0.000538+2.4% 1d+5.7% 7d-8.4% 30d

Red List Recovering held Phoenix · monthly · score 55 mixed

77.2% below its 365-day high of $0.00236 (2025-10-26), +47.8% off the 365-day low. Snapshot 2026-10-21 UTC.

From the peak to today, log scale
0.00036910.0057220.08872024-052025-072026-10low 0.000364 (100%)monthly trigger 0.000469
Where it stands

On the Red List.

Held on the Red List: it last met the Red List rules. Today it reads Amber List; a tier moves down only after five consecutive scans below its rules.

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, +47.8% 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 1

Last bars
2Dr 2Dr 2Dg 2Ug 1r
Confirmed low
$0.000364 · 2026-08-31
Position
2 of median 8.5 (max 13)
Current low
$0.000364 · confirmed
Cycle-low confidence
40%
Confirmed lows
5

Weekly 1

Last bars
2Ug 1r 2Dr 1g 1r
Confirmed low
$0.00038 · 2026-09-13
Position
6 of median 7 (max 24)
Current low
$0.00038 · confirmed
Cycle-low confidence
25% · in band
Confirmed lows
20

Daily 2D

Last bars
2Ug 1g 3r 2Dr 2Dg
Confirmed low
$0.000495 · 2026-10-15 (daily)
Position
6 of median 5 (max 27)
Current low
$0.000522 · unconfirmed
Confirms above
$0.000539
Cycle-low confidence
19% · in band
Confirmed lows
192
The full read, in sentences
  • Monthly: forming bar is a red inside bar. Last confirmed swing low 0.000364 (Aug 2026), month 2 of a cycle that has typically run 8.5. Cycle-low confidence 40%.
  • Weekly: forming bar is a red inside bar. Last confirmed swing low 0.0003801 (Sep 2026), week 6 of a cycle that has typically run 7. Cycle-low confidence 25%.
  • Daily: bar is a green 2-Down. Last confirmed swing low 0.000495 (2026-10-15), day 6 of a cycle that has typically run 5. Current low 0.0005221 is unconfirmed — it confirms above 0.0005387. Cycle-low confidence 19%.
  • Red List: 77% below the 2025-10-26 high; +48% off the 365-day low.
  • Phoenix: 100% decline over 35 months, monthly swing low confirmed (next-bar), now +48% above the trough; first weekly pullback after the low confirmed 2026-09-20 (trigger 0.0004347).
  • Gauges: Mayer multiple 0.99 (cheap); -100% from the all-time high.

Has Vara Network bottomed?

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

Monthly: the last confirmed swing low is $0.000364 from 2026-08-31. The current candidate is marked confirmed. The latest monthly bar is still forming.

Weekly: the last confirmed swing low is $0.00038 from 2026-09-13. The current candidate is marked confirmed. The latest weekly bar is still forming.

Daily: the last confirmed swing low is $0.000495 from 2026-10-15. A newer candidate at $0.000522 is unconfirmed; its confirmation level is above $0.000539, 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 Vara Network below its high?

The Coinbase price snapshot is 77.2% below its rolling 365-day high of $0.00236 from 2025-10-26. Separately, CoinGecko reports -99.8% relative to its all-time high of $0.2701 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: Red List; recovering · Phoenix monthly

Phoenix

stopped falling, by the rules
Peak
$0.3300 · Sep 2023
Trough
$0.000364 · Aug 2026
Decline
-99.9% over 35 months
Above trough
+47.8%
Monthly
confirmed (next-bar) · trigger $0.000469
Weekly
confirmed (next-bar)
False bottom
none
Entry
pullback #1 low $0.00038 confirmed 2026-09-20 · trigger $0.000435
Score 55
decline30
confirmation25
earliness0
stale0
false bottom0
bluechip0

Fundamentals

CoinGecko + DefiLlama, pulled 2026-10-21 .xlsx
Health29 / 100 · Weak
Liquidity (24h volume / market cap)
can you get out
1.49 %3.3 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
1.75 x9.4 / 15
Size (market-cap rank)
survivorship
1969 #0 / 15
TVL backing (market cap / TVL)
capital parked in it (DefiLlama)
154.95 x0.0 / 15
Age on Coinbase
survived a cycle
3.1 yrs7.4 / 10
usagecould not look — no source data
momentumcould not look — no source data

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

Market cap
$3.6M
Fully diluted
$6.2M
24h volume
$53.2K
Circulating
5,728,223,288
All-time high
$0.2701 · 2023-09-20 (-99.8%)
TVL
$23.0K (chain)
Fees 30d
—
Revenue 30d
—
Fees 1y
—
Mayer multiple
0.99 · cheap
Pi cycle
0.292
On Coinbase since
2023-09-20 (1128 bars)
CoinGecko id
vara-network

Continue your cycle research

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