SHIB Tests 100 EMA, HYPE Targets ₱3,078 ($50) as XRP Consolidates
Shiba Inu is consolidating near key technical resistance while Hyperliquid pushes toward ₱3,078 ($50) after holding support in the mid-₱2,462 ($40) range.
Key Takeaway
Compressed ranges on SHIB and HYPE signal breakout potential while XRP bleeds capital to faster movers.
Shiba Inu is testing the 100 EMA resistance after forming an ascending triangle, a pattern that often precedes breakouts when pressure builds. Exchange data shows SHIB inflows and outflows stabilizing as the token consolidates near this technical level. When pressure builds for sufficient time, this pattern frequently precedes a breakout, with sharp directional movements often resulting from tight ranges and neutral momentum.
Hyperliquid is positioning itself for a continuation move toward the ₱3,078 ($50) psychological target after holding support in the mid-₱2,462 ($40) range. HYPE launched in late 2024 as the native token for a decentralized perpetuals exchange built on its own layer-1 blockchain, rewarding early users through a points-based airdrop system tied to trading activity.
XRP remains stuck in a $1.30 to $1.40 consolidation zone as capital in the current market environment flows toward assets with higher volatility and faster upside potential. Meme coins continue to attract speculative capital that might have otherwise rotated into established altcoins like XRP.
Shiba Inu's Shibarium layer-2 launched in August 2023, with a V3 upgrade rolling out in April 2026 aimed at lower gas fees and increased dApp throughput to boost ecosystem utility.
This article was written based on reporting from U.Today.
