HYPE drops below an important level, Quinten Francois notes

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12.11.2026

HYPE drops below an important level, Quinten Francois notes — HYPE falls below important level

Quinten Francois said HYPE has lost its most important level of the year. He added that he is watching the $62–$64 range as a potential bottom for the current correction and observed that many charts look similarly unattractive.

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Earlier this year, Francois questioned the idea that a cryptocurrency is undervalued simply because it has dropped 90 percent from previous highs, cautioning against relying solely on price decline as a signal of value in prior commentary. He has also identified key BTC levels by referencing daily and weekly moving averages at specific price points in a separate analysis available here. These earlier insights outline Francois’s focus on technical indicators and skepticism toward perceived bargains based on historical losses.

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