Crypto

Wrapped Axelar WAXL

WAXL cycle analysis · chart, confirmed lows and fundamentals

$0.0533+0.0% 1d-13.3% 7d-0.6% 30d

Red List held mixed excluded from lists

74.6% below its 365-day high of $0.2099 (2025-10-24), +54.9% off the 365-day low. Snapshot 2026-10-21 UTC.

Last 18 months, log scale
0.03480.211.272024-052025-072026-10high 0.2099low 0.0344
Where it stands

On the Red List.

Held on the Red List: it last met the Red List rules on 2026-10-20. Today it reads Amber List; a tier moves down only after five consecutive scans below its rules.

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
2Dr 2Dr 3g 2Ug 2Ug
Confirmed low
$0.0344 · 2026-08-31
Position
2 of median 10.0 (max 16)
Current low
$0.0344 · confirmed
Cycle-low confidence
42%
Confirmed lows
5

Weekly 1

Last bars
2Ug 2Ur 2Dg 1r 1r
Confirmed low
$0.0399 · 2026-09-20
Position
5 of median 6 (max 20)
Current low
$0.0470 · unconfirmed
Confirms above
$0.0794
Cycle-low confidence
49%
Confirmed lows
26

Daily 1

Last bars
2Ug 3g 1r 2Dr 1r
Confirmed low
$0.0516 · 2026-10-15 (daily)
Position
6 of median 5.0 (max 20)
Current low
$0.0530 · unconfirmed
Confirms above
$0.0558
Cycle-low confidence
26%
Confirmed lows
251
The full read, in sentences
  • Monthly: forming bar is a green 2-Up. Last confirmed swing low 0.0344 (Aug 2026), month 2 of a cycle that has typically run 10. Cycle-low confidence 42%.
  • Weekly: forming bar is a red inside bar. Last confirmed swing low 0.0399 (Sep 2026), week 5 of a cycle that has typically run 6. Current low 0.047 is unconfirmed — it confirms above 0.0794. Cycle-low confidence 49%.
  • Daily: bar is a red inside bar. Last confirmed swing low 0.0516 (2026-10-15), day 6 of a cycle that has typically run 5. Current low 0.053 is unconfirmed — it confirms above 0.0558. Cycle-low confidence 26%.
  • Red List: 75% below the 2025-10-24 high; +55% off the 365-day low.
  • Gauges: Mayer multiple 1.09 (neutral); -89% vs the 200-week average; -98% from the all-time high.

Has Wrapped Axelar bottomed?

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

Monthly: the last confirmed swing low is $0.0344 from 2026-08-31. The current candidate is marked confirmed. The latest monthly bar is still forming.

Weekly: the last confirmed swing low is $0.0399 from 2026-09-20. A newer candidate at $0.0470 is unconfirmed; its confirmation level is above $0.0794, provided the candidate low is not undercut first. The latest weekly bar is still forming.

Daily: the last confirmed swing low is $0.0516 from 2026-10-15. A newer candidate at $0.0530 is unconfirmed; its confirmation level is above $0.0558, 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 Wrapped Axelar below its high?

The Coinbase price snapshot is 74.6% below its rolling 365-day high of $0.2099 from 2025-10-24.

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

Fundamentals

CoinGecko + DefiLlama, pulled 2026-10-21 .xlsx

Not scored: pegged / wrapped / staking derivative — price action belongs to the underlying

Market cap
—
Fully diluted
—
24h volume
—
Circulating
—
All-time high
— · — (—)
Mayer multiple
1.095 · neutral
vs 200-week avg
-89.2%
Pi cycle
0.35
On Coinbase since
2022-10-25 (1458 bars)
CoinGecko id
unresolved

Continue your cycle research

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