{"id":49006,"date":"2026-04-30T11:34:56","date_gmt":"2026-04-30T11:34:56","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2026\/04\/30\/robinhood-stock-dives-as-crypto-woes-continue-costs-rise-buy-the-dip\/"},"modified":"2026-04-30T11:34:56","modified_gmt":"2026-04-30T11:34:56","slug":"robinhood-stock-dives-as-crypto-woes-continue-costs-rise-buy-the-dip","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2026\/04\/30\/robinhood-stock-dives-as-crypto-woes-continue-costs-rise-buy-the-dip\/","title":{"rendered":"Robinhood stock dives as crypto woes continue, costs rise: buy the dip?"},"content":{"rendered":"
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Robinhood stock price slumped by over 9% in the extended hours after the blue-chip company\u2019s earnings fell short of expectations because of the cryptocurrency slump. <\/p>\n

HOOD dropped to $74 after closing at $82 in the regular session. So, is it safe to buy the dip or sell the rip?<\/p>\n

Robinhood stock falls as earnings fall short<\/h2>\n

HOOD stock retreated after the company published its first-quarter earnings, which fell short of expectations because of the ongoing crypto winter<\/a>.<\/p>\n

Its revenue rose to $1.067 billion, up by $140 million from the same period a year earlier. <\/p>\n

Its net income rose slightly to $346 million.<\/p>\n

Robinhood\u2019s performance came as the company made some major announcements during the quarter. <\/p>\n

For example, it launched Robinhood Family Hub, which allows families to manage their finances in an easy way.\u00a0<\/p>\n

Robinhood also launched an early dividend payment<\/a> solution, where it allows its customers to receive dividend payouts before the company distributes them.\u00a0 <\/p>\n

It launched the beta version of Robinhood Socials, Platinum card, and the initial public of the Robinhood Ventures Fund.\u00a0<\/p>\n

These initiatives, together with its core business, helped to boost the number of funded customers by 1.7 million to 27.4 million, while the total assets on assets rose to over $307 billion.<\/p>\n

The main challenge was that Bitcoin and most altcoins remained in the red during the quarter, with the notional volume falling to $65.7 billion from $82.4 billion in the fourth quarter. <\/p>\n

Crypto volume on the Robinhood app was $23.8 billion, much lower than the $46.1 billion in the same period last year.<\/p>\n

Cryptocurrency prices have done relatively well in the past few weeks, with Bitcoin rising to a high of $79,000 and the market capitalization of tokens hitting $2.5 trillion. <\/p>\n

This rally has led to more volume in crypto exchanges. However, there is a risk that the rally has peaked as Bitcoin has failed to move above $80k.<\/p>\n

HOOD stock price also retreated after the company boosted its planned expenses. <\/p>\n

It boosted the operating expenses to between $2.7 billion and $2.86 billion from the previous range of $2.6 billion and $2.725 billion.\u00a0<\/p>\n

This increase is because the company plans to invest money in the Trump accounts. <\/p>\n

The company expects the business to make a small margin over time.<\/p>\n

Still, despite these challenges, Robinhood is a solid business with a good market share in the trading industry. It has also become fairly cheap in the past few months. <\/p>\n

While the crypto weakness will continue, it will be offset by the other businesses.<\/p>\n

HOOD stock price forecast: technical analysis <\/h2>\n
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Robinhood stock chart | Source: TradingView<\/em><\/p>\n

The daily timeframe chart shows that the HOOD stock pulled back after its earnings, moving from the closing price of $82 to $74. This price is slightly below the 61.8% Fibonacci retracement level.<\/p>\n

The stock has remained below the 100-day Exponential Moving Average (EMA) and the Ichimoku cloud indicator. <\/p>\n

Also, the Relative Strength Index (RSI) has dropped from the overbought level of 70 to below 50.<\/p>\n

Therefore, the stock will likely remain under pressure today and then resume the uptrend later this month. <\/p>\n

Chances are that it will eventually rebound to the 23.6% Fibonacci retracement level at $125. On the flip side, a drop below the key support at $68 will invalidate the bullish outlook.<\/p>\n

The post Robinhood stock dives as crypto woes continue, costs rise: buy the dip?<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Robinhood stock price slumped by over 9% in the extended hours after the blue-chip company\u2019s earnings fell short of expectations because of the cryptocurrency slump. HOOD dropped to $74 after closing at $82 in the regular session. So, is it safe to buy the dip or sell the rip? Robinhood stock falls as earnings fall <\/p>\n","protected":false},"author":1,"featured_media":49007,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-49006","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/49006","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=49006"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/49006\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/49007"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=49006"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=49006"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=49006"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}