Analyst Identifies Risk Levels for HYPE, ONDO, and QNT Amid Market Decline

Cryptocurrency analyst Ali Martinez on November 9, 2026, highlighted three altcoins that, in his assessment, may continue to decline amid the overall weakness in the digital asset market. These are Hyperliquid (HYPE), Ondo (ONDO), and Quant (QNT). In the published technical analysis, he outlined support levels and potential price targets in the event of further selling pressure.

The forecast appeared after another wave of cryptocurrency declines following Friday's correction. HYPE and ONDO came under seller pressure, while QNT maintained positive daily dynamics. However, according to Martinez, the technical chart structure of Quant also indicates a risk of a change in price direction.

HYPE may decline to $64 and $53 if seller pressure persists

Martinez noted that HYPE began to break down from the consolidation range in which it had been trading for about two months. He identified $75 as a key level. If the token fails to recover above this mark, the analyst allows for a further decline to $64, and with increased selling, to $53.

Previously, Martinez had already warned of risks for Hyperliquid. In early November, he considered a scenario of a fall to $59 with a sustained close of the 12-hour candle below the $76–78 range. By November 9, HYPE was trading around $72, already below the previously indicated area.

A decline below the lower boundary of prolonged consolidation may indicate weakening demand. However, further movement depends on whether the price can consolidate at lower levels or return to the previous range. Therefore, the marks of $64 and $53 remain Martinez's technical targets, not confirmed future values.

ONDO approached the lower boundary of the ascending channel

The second asset in the analysis was Ondo (ONDO), whose price at the time of the initial market snapshot was around $0.35. Over the previous week, the token lost about 11%, and over the month, the decline reached about 30%. According to Martinez's observations, ONDO approached the lower boundary of the ascending channel that had defined the price movement since the beginning of 2026.

The analyst considers $0.35 a key level for further dynamics. A sustained consolidation below it, in his assessment, may confirm a break in the ascending structure and create prerequisites for a move to $0.26. With accelerated selling, Martinez allows for a decline to $0.19.

However, a temporary dip below support does not in itself indicate a definitive trend change. If buyers return ONDO inside the ascending channel, the negative scenario may weaken. For assessing further movement, not only price levels are important but also the duration of consolidation beyond them.

For QNT, closing a four-hour candle below $190 remains key

Quant (QNT) found itself in a different situation. Unlike HYPE and ONDO, the token at the time of analysis showed a slight daily increase and was trading around $200. Nevertheless, Martinez noted the formation of a symmetrical triangle on the four-hour chart.

Such a technical pattern occurs when price highs gradually decrease and lows increase, forming a narrowing range. It can end with a breakout either upwards or downwards, so it does not in itself confirm a continuation of the decline.

Martinez identified $190 as a level to watch. In his assessment, closing a four-hour candle below this mark will confirm his considered negative scenario and make $160 the next price target. Until such confirmation occurs, it is premature to talk about a confirmed support break for QNT.

Can altcoins be expected to recover?

Despite negative technical signals, market participants' opinions on the further dynamics of altcoins remain mixed. An analyst under the pseudonym Max Crypto noted the formation of a structure in the total capitalization of altcoins, which, in his observations, resembles periods before market growth in 2021 and 2024.

However, the similarity of chart patterns with previous market cycles does not guarantee a repeat of their results. To assess the prospects of altcoins, it is necessary to consider the overall market liquidity, demand for digital assets, bitcoin dynamics, and changes in trading volumes.

Thus, Ali Martinez considers three separate scenarios of possible decline, each of which depends on the price behavior relative to specific technical levels. His forecasts do not mean that HYPE, ONDO, and QNT will necessarily reach the indicated marks. Further dynamics will depend on the stability of demand and the situation in the cryptocurrency market as a whole.