Velodrome Finance VELO
VELO cycle analysis · chart, confirmed lows and fundamentals
Watch Recovering held Phoenix · monthly · score 65 mixed
31.4% below its 365-day high of $0.0545 (2025-11-11), +215.9% off the 365-day low. Snapshot 2026-10-21 UTC.
On the Watch.
Held on the Watch: it last met the Watch rules on 2026-10-19. Today it meets no tier rule; 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, +135.0% above the Aug 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
- 3g 2Ur 2Dg 2Ug 2Ug
- Confirmed low
- $0.0159 · 2026-08-31
- Position
- 2 of median 2 (max 8)
- Current low
- $0.0159 · confirmed
- Cycle-low confidence
- 21% · in band
- Confirmed lows
- 8
Weekly
- Last bars
- 2Ug 1g 2Ug 2Ur 2Dg
- Confirmed low
- $0.0221 · 2026-09-20
- Position
- 5 of median 5.0 (max 11)
- Current low
- $0.0334 · unconfirmed
- Confirms above
- $0.0387
- Cycle-low confidence
- 54% · in band
- Confirmed lows
- 27
Daily
- Last bars
- 2Dr 2Dr 2Dr 2Ug 1r
- Confirmed low
- $0.0334 · 2026-10-19 (daily)
- Position
- 2 of median 5.0 (max 20)
- Current low
- $0.0334 · confirmed
- Cycle-low confidence
- 61% · in band
- Confirmed lows
- 179
The full read, in sentences
- Monthly: forming bar is a green 2-Up. Last confirmed swing low 0.0159 (Aug 2026), month 2 of a cycle that has typically run 2. Cycle-low confidence 21%.
- Weekly: forming bar is a green 2-Down. Last confirmed swing low 0.02212 (Sep 2026), week 5 of a cycle that has typically run 5. Current low 0.03341 is unconfirmed — it confirms above 0.03872. Cycle-low confidence 54%.
- Daily: bar is a red inside bar. Last confirmed swing low 0.03341 (2026-10-19), day 2 of a cycle that has typically run 5. Cycle-low confidence 61%.
- Watch: 31% below the 2025-11-11 high; +216% off the 365-day low.
- Phoenix: 96% decline over 29 months, monthly swing low confirmed (next-bar), now +135% above the trough; pullback #2 confirmed 2026-09-27.
- Gauges: Mayer multiple 1.76 (neutral); -90% from the all-time high.
Has Velodrome Finance bottomed?
A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the VELO snapshot records on 2026-10-21 UTC:
Monthly: the last confirmed swing low is $0.0159 from 2026-08-31. The current candidate is marked confirmed. The latest monthly bar is still forming.
Weekly: the last confirmed swing low is $0.0221 from 2026-09-20. A newer candidate at $0.0334 is unconfirmed; its confirmation level is above $0.0387, provided the candidate low is not undercut first. The latest weekly bar is still forming.
Daily: the last confirmed swing low is $0.0334 from 2026-10-19. 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 Velodrome Finance below its high?
The Coinbase price snapshot is 31.4% below its rolling 365-day high of $0.0545 from 2025-11-11. Separately, CoinGecko reports -90.8% relative to its all-time high of $0.4075 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.
- Phoenix monthly → Watch; recovering · Phoenix monthly
- First observed: Phoenix monthly
Phoenix
stopped falling, by the rules- Peak
- $0.3949 · Mar 2024
- Trough
- $0.0159 · Aug 2026
- Decline
- -96.0% over 29 months
- Above trough
- +135.0%
- Monthly
- confirmed (next-bar) · trigger $0.0257
- Weekly
- confirmed (next-bar)
- False bottom
- $0.0389 · Jun 2025 (2 higher highs, then undercut)
- Entry
- pullback #2 low $0.0221 confirmed 2026-09-27 · trigger $0.0288
| decline | 30 |
| confirmation | 25 |
| earliness | 0 |
| stale | 0 |
| false bottom | 10 |
| bluechip | 0 |
Fundamentals
| Liquidity (24h volume / market cap) can you get out | 14.08 % | 15.0 / 15 |
| Supply overhang (FDV / market cap) unlocked supply waiting to sell | 1.96 x | 7.8 / 15 |
| Size (market-cap rank) survivorship | 494 # | 0 / 15 |
| Age on Coinbase survived a cycle | 2.7 yrs | 6.3 / 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
- $49.5M
- Fully diluted
- $97.3M
- 24h volume
- $7.0M
- Circulating
- 1,340,254,210
- All-time high
- $0.4075 · 2024-12-13 (-90.8%)
- Mayer multiple
- 1.764 · neutral
- Pi cycle
- 0.586
- On Coinbase since
- 2024-02-06 (989 bars)
- CoinGecko id
- velodrome-finance
Continue your cycle research
How to read a crypto cycle chart · Calculation rules and sources