Sharp volatility was marked by HIPPO going down by 80.3% in seven days after rising 5x since it was at $0.0023 up to $0.010.
The token currently trades around $0.001556 and the support is $0.001522 and a monitored reversal area between $0.001- $0.0016.
The next important level in case HIPPO tries to recover its losses at the moment is the resistance at $0.0073.
HIPPO’s recent price behavior drew renewed attention after a swift collapse erased nearly all gains from its earlier surge. The token climbed from $0.0023 to $0.010, which marked a clear 5x increase during its strongest phase. However, the rally reversed just as quickly. It is at the present price of $0.001556 following a downward loss of 80.3 per cent per week
This realignment formed new interest in the area of between $0.001 and $0.0016 where the traders are now observing the possibility of stabilization. The market structure is still narrowing around the level of $0.001522 of support that now has a significant impact on short-term sentiment.
Sharp Pullback Places Attention on Support Range
The deep retracement brought HIPPO back toward its earlier consolidation band. The intraday volatility was large with the range of 24 hours reflecting movement between $0.001450 and $0.0073. The volatility also drove the activity to an upward trend as traders responded to the sharp drawdown. Most short-term analysis is now influenced by the closeness to the support level of $0.001522
The projected bounce region is also in line with this level (between $0.001 and $0.0016) that traders determined according to recent order flow. The sharp fall was after the previous high of $0.010813, the highest level of the recent occurrence.The steep decline followed the earlier spike to $0.010813, which marked the highest point in the recent run. That level now forms a clear resistance marker, although the next major resistance sits far lower at $0.0073.
Market Reaction Shifts After 80% Weekly Drop
The 80.3% weekly decline created sharper interest in short-term positioning. Market participants closely monitor whether HIPPO can hold above support as volatility persists. The move also pushed the token back into a zone where liquidity previously built up. This shift provides clearer reference points for near-term movement.
The ongoing monitoring focuses on whether buyers attempt to defend the stated support. The wide intraday range also suggests that traders remain cautious while waiting for firmer confirmation of direction.
Resistance Levels Define the Next Market Steps
The $0.0073 resistance level remains the next tested zone if HIPPO attempts a recovery. Traders use this level to evaluate momentum changes and volume strength. The previous peak near $0.010 still stands as a distant target after the recent collapse. However, the immediate focus stays on whether price activity forms a base inside the $0.001–$0.0016 region, where traders now expect potential reaction.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Pi Network RPC server startup, supply pressure obstructs a technical rebound for PI
Pi Network announced that its testnet remote procedure call (RPC) servers are now live, laying the groundwork for building a smart contract ecosystem. Although this news is seen as a positive, the core team’s selling of more than 21.8 million PI tokens, along with the ongoing supply pressure stemming from user top-ups, has still exerted downside pressure on the market. Technical analysis shows that the support level for the PI token is $0.1736; the future price action needs to be closely watched.
MarketWhisper31m ago
A whale-led selloff is driving the Bitcoin market, and ETF institutional buy pressure is unable to turn the tide
A CryptoQuant report indicates that as of the end of March, Bitcoin’s “apparent demand” is -63,000 BTC, showing that the market has an oversupply situation, and institutional buying cannot offset retail selling. Starting in mid-2025, the giant whales began large-scale selling, pushing the market into a distribution phase. Although ETF institutional buying has increased, it has not been able to change the weak demand situation, and weakening domestic U.S. demand may further affect the market. Easing geopolitical tensions could become a catalyst for a short-term rebound.
MarketWhisper46m ago
BTC 15-minute drop of 0.73%: Technical support fails and on-chain congestion converges to suppress the rebound
From 2026-04-02 02:00 to 2026-04-02 02:15 (UTC), the BTC price fluctuated within the 66,858.6 - 67,355.0 USDT range. Over the 15 minutes, the return was -0.73%, and the amplitude reached 0.74%. During this period, market attention increased, short-term volatility intensified, and investors’ sentiment clearly shifted toward caution.
The main driving force behind this abnormal move was that the key technical support level of $66,700 was broken, along with the RSI falling below 30, indicating that short-term momentum weakened rapidly and investors’ willingness to sell increased. Additionally, the market sentiment became more cautious, and trading volume showed signs of decline.
GateNews47m ago
The “crypto pullback” wave on April 1: Is it a joke or a warning sign from within the market?
On April 1, at least five influential figures in the cryptocurrency space simultaneously posted farewell messages, declaring that they were leaving the industry permanently.
The posts quickly spread across X, creating a wave of confusion as the community couldn’t clearly tell where the serious statements ended.
TapChiBitcoin1h ago
Bitcoin, stocks soar as markets respond to chance of US and Israel-Iran war ending
Bitcoin (BTC) briefly jumped to $68,589, and US stock markets rallied as investors reacted to US President Donald Trump's statements on considering options for ending the US and Israel-Iran war. Separate, unconfirmed comments attributed to Iranian President Masoud Pezeshkian also suggested that Iran
Cointelegraph1h ago
Gate Daily Report (April 2): The U.S. Department of the Treasury releases a notice of proposed rules for the “GENIUS Act”; the CFTC says it is prepared to regulate the entire crypto market
Bitcoin (BTC) dipped in the short term to $67,600. The U.S. Department of the Treasury launched a small consultation on regulatory guidance for stablecoins under the “GENIUS Act,” and the CFTC Chair said he is ready to regulate the entire crypto market. Amid market developments, spot Bitcoin inflows are slightly higher than outflows, and the CFTC and the SEC have signed an agreement to coordinate digital asset regulation.
MarketWhisper1h ago
