Best Cryptocurrencies to Buy Today, August 3 – BNB, Hyperliquid, Tron

Highlights:

• BNB is holding above key support after a trendline breakout, with $610 as the next level buyers need to reclaim.
• HYPE is defending the $48.80 support zone, and a move above $56 could signal stronger recovery momentum.
• TRON is trading inside its long-term rising channel, with a breakout above $0.35 likely to support further gains.

The crypto market has started the week in the red zone, with BTC and most other major cryptocurrencies trading in the red zone as of press time. The immediate direction of the market hinges on BTC’s ability to hold the $61,000–$61,100 support area, where large long positions are at risk. Failure to hold that point may lead the top cryptocurrency to fall to the $57,000 price area.

The overall market cap is down 1.14% to $2.14 trillion as of press time. However, the trading volume is up 6.53% to $42.1 billion. The fear and greed index is stuck in the fear zone at an index of 33. Meanwhile, the total liquidations in the past day come in at $146.26 million, according to CoinGlass data. With the market starting the week in a bearish zone, here are the best cryptocurrencies to buy today.

Best Cryptocurrencies to Buy Today

1. BNB

BNB is trading at $584.71, up 0.27.% over the last 24 hours, with a market cap of $77.86 billion. Meanwhile, the trading volume is down by 21.08% to $897.2 million.

BNB has broken above the long-term descending trendline that capped every recovery since late last year. The breakout signals growing bullish momentum after months of lower highs. However, $610 remains the first major resistance that buyers must reclaim.

$BNB is testing its long term descending trendline, currently at 584.17 above the rising support from February.

Hold above 555 and break through 610 to open 680 to 720. Lose 555 and fresh lows come into play.#BNB pic.twitter.com/WivD73iZyv

— BINANCE KILLERS® (@Binance_Killers) August 3, 2026

A daily close above that level could strengthen the recovery and expose $720. Above $720, the next resistance sits near $840. Meanwhile, the recent trendline breakout remains valid while BNB holds above the $555 support zone. A daily close below $555 would weaken the bullish structure and increase the risk of another decline.

2. Hyperliquid (HYPE)

HYPE is currently trading at around $52.70, with a 1.41% increase in the past day. Its trading volume is up 4.85% to $225.91 million, while the market cap stands at $13.3 billion.

HYPE is testing a critical support zone after a sharp pullback from its recent highs. The $48.80 level has become the most important area because buyers have defended it before. Holding above that support could encourage another recovery.

$HYPE / $USD – Update

Still looking for us to dip to $49.00 support zone. Untested order block i expect to be tested. Resting liquidity sat there. pic.twitter.com/mcuKycoUdy

— Crypto Tony (@CryptoTony__) August 3, 2026

 

Meanwhile, $56 remains the first major resistance after THE recent rejection attempts. A daily close above $56 could strengthen bullish momentum and open the path toward $60. A move above $60 could send HYPE back to the previous high near $64. However, a drop below $48.80 could lead to another wave of selling.

3. TRON (TRX)

TRX is trading at $0.3271, a 0.07% increase in the past day. However, its trading volume is down by 7.93% to $370.86 million. Meanwhile, the market cap stands at $31.04 billion. The coin has gained 1.02% on the monthly chart.

TRON is trading inside a rising channel that has held for more than a year. The lower channel near $0.3 has attracted buyers during every major pullback. That level remains the strongest support. Meanwhile, $0.350 has limited every recent recovery attempt.

🟣 $TRON isn't showing weakness it's showing patience. 👀

Compared to the previous $TRX analysis, the trend has evolved instead of breaking. 🌊 Price continues to respect the long-term ascending channel, while the recent pullback failed to damage the overall structure. Buyers… pic.twitter.com/VbTzLnOMdG

— The Boss (@CryptoTheBossX) August 3, 2026

Buyers need a weekly close above $0.35 to build stronger momentum. That breakout could open the door to the upper channel near $0.43. The rising channel will remain valid while TRON holds above $0.3. A weekly close below that support would weaken the bullish outlook and increase the risk of a deeper correction.