May 16 Price Check: HYPE Eyes $48-$50, XRP Tests $1.50, ETH Presses $2,350-$2,400
On May 16, charts for Hyperliquid (HYPE), XRP, Toncoin (TON), Ethereum (ETH) and Shiba Inu (SHIB) show multiple assets compressing under nearby resistance zones. HYPE is holding above the 100-day MA near $40.7 with supply at $48-$50, while XRP needs sustained closes over $1.50 and ETH faces a ceiling around the 100-day MA near $2,340. TON is trying to defend $1.90-$2.00 after a spike to $2.9, and SHIB is working below $0.0000064-$0.0000065 as buyers protect support near $0.0000060.