HIPPO Update (12H)First of all, please note that this is a meme coin, meaning it comes with high volatility and is considered risky.
Pay attention to the timeframe — it’s a large and long-term one.
It appears that a symmetrical pattern is coming to an end, and this token has gone through a decent time and price correction. As long as the green zone holds, it can move toward the targets.
Targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
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HIPPOUSDT trade ideas
HIPPOUSDT CHART ANALYSİS - EDUCATIONAL POSTHigh-Profile Projects
In the NFT format, the first piece of art was a black and white work by the artist Banksy, a 2007 stencil called Morons (White). Blockchain company Injective Protocol bought it, burned it, and created an NFT — a virtual asset tied to a “digital image of an art object”.
The first musician to turn his album into a token was DJ 3LAU. He sold a limited edition album and made $11.6 million. After that, singer Grimes, known as the mother of Elon Musk’s child, sold 400 NFTs featuring her drawings. In just 20 minutes, the token sale brought Grimes $5.8 million.
Overall, for creatives, NFTs are a way to monetize their skills and expand their audience. Because of the lack of logistical difficulties, it’s easier to sell artwork digitally than it is offline.
It’s not just artwork that sells in the format of the non-fungible token. Even a popular meme can have a new owner. For example, in the gif Nyan Cat, the cat is hurtling through space and leaves a trail of rainbows behind it, which sold at auction for $590,000.
However, last year’s most high-profile projects in the NFT industry have been the CryptoPunk, Meebits, and BAYC (Bored Ape Yacht Club) collections. They include several thousand collectible cards and pictures in a stylized modern art format. The total value of the collections is estimated at several billion dollars. Hundreds of thousands of crypto enthusiasts and investors are after such NFT exhibits.
These and many other projects likely have growth prospects, as the technology, according to experts, has not yet reached the peak of its capabilities.
Where is HIPPO going? (12H)After the upward move, it seems HIPPO has entered a diamond-shaped diagonal in the form of wave X. It now appears to be completing wave E, which is bearish.
For buying, it’s better to look for entries at the bottom, near the last order blocks.
This is the view we have on HIPPO.
The closing of a daily candle below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
HIPPO buy setup (4H)A strong support zone has formed for HIPPO.
Given the long shadow created upon hitting the order block and the bullish CH on the chart, we can look for buy/long positions within the green zone.
This token is a meme coin on the SUI network and has high volatility, so please manage your risk.
A daily candle closing below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
HIPPOUSDT 12HHIPPO ~ 12H
#HIPPO This trade is very High risk.
The selling pressure is over and this support block is currently able to keep the price from dropping any lower.
If you still have Conviction on this coin. Buy in stages from here with a minimum target of 15%+.
Just forget about this trade if you don't like meme coins.