0x Protocol ZRX
ZRX cycle analysis · chart, confirmed lows and fundamentals
Watch Recovering Phoenix · monthly · score 65 bullish lean
53.9% below its 365-day high of $0.2406 (2025-11-08), +52.0% off the 365-day low. Snapshot 2026-10-21 UTC.
On the Watch.
54% below its rolling 365-day high, 347 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, +52.0% 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
- 2Dr 1g 3g 2Ug 2Ur
- Confirmed low
- $0.0731 · 2026-08-31
- Position
- 2 of median 5 (max 11)
- Current low
- $0.0731 · confirmed
- Cycle-low confidence
- 39% · in band
- Confirmed lows
- 14
Weekly
- Last bars
- 2Ug 2Ug 3g 2Dr 1g
- Confirmed low
- $0.0731 · 2026-08-23
- Position
- 9 of median 5 (max 14)
- Current low
- $0.1018 · unconfirmed
- Confirms above
- $0.1293
- Cycle-low confidence
- 50% · in band
- Confirmed lows
- 54
Daily
- Last bars
- 2Dr 2Dr 1g 2Ug 2Ur
- Confirmed low
- $0.1018 · 2026-10-18 (daily)
- Position
- 3 of median 5.0 (max 23)
- Current low
- $0.1018 · confirmed
- Cycle-low confidence
- 54%
- Confirmed lows
- 419
The full read, in sentences
- Monthly: forming bar is a red 2-Up. Last confirmed swing low 0.07307 (Aug 2026), month 2 of a cycle that has typically run 5. Cycle-low confidence 39%.
- Weekly: forming bar is a green inside bar. Last confirmed swing low 0.07307 (Aug 2026), week 9 of a cycle that has typically run 5. Current low 0.1018 is unconfirmed — it confirms above 0.1293. Cycle-low confidence 50%.
- Daily: bar is a red 2-Up. Last confirmed swing low 0.1018 (2026-10-18), day 3 of a cycle that has typically run 5. Cycle-low confidence 54%.
- Watch: 54% below the 2025-11-08 high; +52% off the 365-day low.
- Phoenix: 95% decline over 29 months, monthly swing low confirmed (next-bar), now +52% above the trough; a weekly pullback is forming at 0.1018; it confirms above 0.1293.
- Gauges: Mayer multiple 1.11 (neutral); -59% vs the 200-week average; -95% from the all-time high.
Has 0x Protocol bottomed?
A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the ZRX snapshot records on 2026-10-21 UTC:
Monthly: the last confirmed swing low is $0.0731 from 2026-08-31. The current candidate is marked confirmed. The latest monthly bar is still forming.
Weekly: the last confirmed swing low is $0.0731 from 2026-08-23. A newer candidate at $0.1018 is unconfirmed; its confirmation level is above $0.1293, provided the candidate low is not undercut first. The latest weekly bar is still forming.
Daily: the last confirmed swing low is $0.1018 from 2026-10-18. 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 0x Protocol below its high?
The Coinbase price snapshot is 53.9% below its rolling 365-day high of $0.2406 from 2025-11-08. Separately, CoinGecko reports -95.6% relative to its all-time high of $2.50 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.
- First observed: Watch; recovering · Phoenix monthly
Phoenix
stopped falling, by the rules- Peak
- $1.44 · Mar 2024
- Trough
- $0.0731 · Aug 2026
- Decline
- -94.9% over 29 months
- Above trough
- +52.0%
- Monthly
- confirmed (next-bar) · trigger $0.1042
- Weekly
- confirmed (late (2 bars))
- False bottom
- $0.0873 · Feb 2026 (2 higher highs, then undercut)
- Entry
- forming at $0.1018 · confirms above $0.1293
| decline | 30 |
| confirmation | 25 |
| earliness | 0 |
| stale | 0 |
| false bottom | 10 |
| bluechip | 0 |
Fundamentals
| Liquidity (24h volume / market cap) can you get out | 4.23 % | 12.4 / 15 |
| Supply overhang (FDV / market cap) unlocked supply waiting to sell | 1.18 x | 13.7 / 15 |
| Size (market-cap rank) survivorship | 285 # | 3 / 15 |
| Age on Coinbase survived a cycle | 6.1 yrs | 10.0 / 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
- $104.8M
- Fully diluted
- $123.5M
- 24h volume
- $4.4M
- Circulating
- 848,396,563 of 1,000,000,000 max
- All-time high
- $2.50 · 2018-01-12 (-95.6%)
- Mayer multiple
- 1.113 · neutral
- vs 200-week avg
- -59.0%
- Pi cycle
- 0.437
- On Coinbase since
- 2020-08-31 (2243 bars)
- CoinGecko id
- 0x
Continue your cycle research
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