ATL (All-Time Low)
An ATL, or all-time low, is the lowest recorded price a cryptocurrency has ever reached. It refers to the available price history for a particular market.
What does an ATL mean?
An ATL is always measured against another asset or currency, such as the euro, the dollar, or bitcoin. So a coin can have a different ATL across different trading pairs.
A price data provider compares all the historical prices in its records. If the price falls below the previous low, that sets a new ATL. This is different from a daily or yearly low, which only covers a limited period.
The reported ATL can vary by crypto exchange, trading pair, and data provider. They may use different prices or have different price histories.
An example of an ATL
Suppose the lowest recorded euro price for a cryptocurrency is €0.20. If its price later falls to €0.15 on the same trading platform, then €0.15 is the new ATL in that price series.
So €0.15 is the lowest point recorded in the available data for that market.
Why does an ATL matter in crypto?
Price websites and news stories use ATL to show how the current price compares with past prices. The term often comes up during sharp price drops or when a project reaches a new historical low.
An ATL doesn't explain why the price fell. It also doesn't mean the coin is cheap or undervalued. An ATL isn't a guaranteed bottom: the price can keep falling afterward.
Pay attention to the source, too. A brief price spike, an error in the price data, or low trading volume can affect the lowest recorded point. If the price history is short, ATL simply means the lowest known point in that data.