Best Cryptocurrencies to Buy Today, January 30 – Litecoin, Hyperliquid, Ethereum

Highlights:

• Litecoin sits near the $60 support zone after strong selling, with early signs of seller exhaustion.
• Hyperliquid has reclaimed the $27 area and now looks poised for a move toward $32 if momentum builds.
• Ethereum is testing demand around $2,700 after slipping below $3,000, as traders watch for a base to form.

The crypto market is edging towards the end of the month in a bearish tone, mainly driven by a major liquidation event and other macroeconomic factors. Over $1.69 million was wiped out of the market, with long positions accounting for $1.58B, according to CoinGlass data. Meanwhile, BTC liquidations surged 487% to $772.62 million. The Federal Reserve held interest rates unchanged in its last meeting, causing massive outflows of over $2.5 billion in spot Bitcoin ETFs.

As of press time, the overall market cap is down 5.70% to $2.81 trillion. However, the trading volume is up 61.81% to $179.76 billion. The fear and greed index stands in the fear zone at an index of 28 after a very volatile month. BTC has lost all major support zones, and some analysts predict the coin may be heading into the $78,000 region. Despite the major liquidations of long positions, here are the best cryptocurrencies to buy today.

Best Cryptocurrencies to Buy Today

1. Litecoin (LTC)

LTC is trading at $63.57, a 6.8% decrease in the past day. Its trading volume has increased by 82.94% to $557.8 million, while the market cap stands at $4.88 billion. Meanwhile, the coin has lost 18.62% on the monthly charts.

Litecoin is trading within a well-defined descending channel on the four-hour chart. The structure reflects sustained selling pressure over recent sessions. However, the price has reached the lower channel boundary near $60. This level has acted as short-term structural support.

A successful hold here could spark a rebound toward $69. In case of continued strength, LTC may push toward $75, where the channel resistance sits. Meanwhile, the RSI shows a rising divergence against the falling price. This signals fading bearish momentum. At the same time, the MACD remains negative, but selling pressure has slowed.

2. Hyperliquid (HYPE)

HYPE is currently trading at around $29.06, with a 10.15% decrease in the past day. Its trading volume has increased by 6.4% to $789.72 million, while the market cap stands at $8.78 billion.

HYPE is trading at a critical reaction zone after a sharp impulsive rally on the one-hour chart. The move reclaimed the $27.5 to $28 resistance. This level now acts as immediate decision support. A sustained hold here would confirm a bullish market shift. The current setup opens the room toward the $32 price level first.

If the coin gains further strength, it could retest the $35 to $36 supply zone. However, a rejection below $27 would weaken the breakout structure and would expose the $24 range quickly. Below that, the broader demand zone sits near $21 to $22. The momentum of HYPE now depends on holding the reclaimed structure.

3. Ethereum (ETH)

ETH is trading at $2,732, representing a 7.42% decrease over the past 24 hours. The market cap stands at $329.84 billion, while the trading volume has increased by 91.94% to $44.83 billion.

Ethereum is trading on the daily chart under sustained downside pressure after losing key moving averages. The market has slipped below the 200-day zone near $3,000. The price is now testing the $2,700 to $2,750 demand area. This zone previously acted as a reaction base. A clear hold here could trigger a short-term bounce.

However, sellers still control the current structure below the 50- and 100-day averages. Those averages have capped upside near $3,200 to $3,300. The coin may decline towards $2,620 if momentum does not shift.