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Best Altcoins to Purchase Today, February 3 - Solana, Hyperliquid, MYX Finance

Highlights:

  • Solana holds firm near $100 but needs to break $115 to regain strong upside momentum.
  • Hyperliquid shows strong recovery signs, with medium-term targets near $123 if volume holds up.
  • MYX Finance could retest $7.2 soon, as indicators stay bullish and the price holds above $4.6.

Cryptocurrency prices are recovering today from the recent decline in the market. The recovery follows one of the most aggressive liquidation events since the end of 2025. The selling pressure was amplified by thin weekend liquidity as overleveraged long positions were shaken out across the market. 

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The broad market rebound has seen the total market capitalization surge by 1.70% to $2.63 trillion. The trading volume has, however, declined by 23% to $140 billion. Amidst this resurgence, let’s discuss the top altcoins to buy today, such as Solana, Hyperliquid, and MYX Finance.

Top Altcoins to Buy Today

1. Solana (SOL)

Solana displays a bullish outlook today after a period of continuous downtrend. The altcoin recorded declines of 16% and 20% on the weekly and monthly charts, respectively. As of this writing, SOL is trading at around $102, up 0.60% over the last 24 hours.

Best Altcoins to Purchase Today, February 3 - Solana, Hyperliquid, MYX Finance
Source: CoinMarketCap

According to a recent insight shared by BitGuru, Solana has defended its support zone between $100 and $97. The 4-hour chart indicates a downward trend, although the recent price activity is rebounding following a small base at the level of $98.

Furthermore, the chart patterns indicate previous consolidation stages and the double bottom indicators that failed to hold, indicating volatility. A break from the current floor will result in a dip towards a range of $92-$95. On the upper side, bulls have to regain the support around the $110-$115 resistance level before rallying to $122-$126. 

2. Hyperliquid (HYPE)

Hyperliquid’s price has extended its recovery by 20% by press time on Tuesday. This latest bullish momentum has elevated the weekly and monthly gains to 35% and 48%, respectively. Additionally, its market capitalization and trading volume have surged to $11.25 billion and $985 million, respectively.

Best Altcoins to Purchase Today, February 3 - Solana, Hyperliquid, MYX Finance
Source: CoinMarketCap

Crypto analyst Jacob has pointed out that there is a clear structural shift following a trendline break on Hyperliquid’s daily chart. The price recovered from the previous support around the liquidity area, confirming buyer strength. The candles developed bigger closes, and the volume was increased during the recovery. This shift consequently signified a change from long-term downside pressure to short-term recovery conditions.

The analyst observed that short-term exits can be found just below the 0.618 Fibonacci level. He noted a medium-term target around the 2.618 extension of around $123. The long-term extension toward the 4.23 mark, around $188, should the momentum continue.

3. MYX Finance (MYX)

MYX Finance is hovering around $6.08 after surging by 8% over the past 24 hours. The altcoin’s market capitalization has also seen a rebound, climbing past the $1.50 billion mark. Despite this bullish momentum, its trading volume has declined by 20% to $17 million.

Best Altcoins to Purchase Today, February 3 - Solana, Hyperliquid, MYX Finance
Source: CoinMarketCap

MYX has formed a steady uptrend after bouncing off the support level of $4.66. The price has formed continuous green candlesticks and retested the immediate resistance around the $6.12 level. With the bulls having an upper hand at the moment, the altcoin could rally to challenge the next resistance at the $7.2 region.

Top Altcoins to Buy Today, February 3 - Solana, Hyperliquid, MYX Finance
Source: TradingView

Meanwhile, indicators such as the MACD and RSI are supporting this upward rally, making MYX one of the top altcoins to buy today. The MACD line is climbing further above the signal line in the positive region as the histogram continues to print green bars. The RSI is currently hovering around 64 levels, suggesting that the price is yet to be overbought and could continue its upward journey further.

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