Best Cryptocurrencies to Buy Today, July 20 – Solana, Chainlink, Avalanche

Highlights:

• Solana is holding the $73 support, with a move above $80 likely to strengthen the recovery.
• Chainlink is testing the $8.40–$8.57 resistance zone, where the next breakout could begin.
• Avalanche is building strength above the $6.20 support and could target $7.50 if buyers stay in control.

The crypto market has started the week in the red zone, with most coins still consolidating. Macroeconomic developments are still affecting the market, with oil prices jumping over $90 per barrel. Meanwhile, BTC is still consolidating at the $64,000 price mark, with a breakout above the price expected to move the market.

The overall market cap is down 0.50% to $2.2 trillion. However, the trading volume is down 39.47% to $52.77 billion. The fear and greed index stands in the fear zone at an index of 34. The total liquidations in the past day come in at $187.41 million, with long positions accounting for $106.65 million. With the market still looking for a trigger to determine the direction, here are the best cryptocurrencies to buy today.

Best Cryptocurrencies to Buy Today

1. Solana (SOL)

SOL is currently trading at around $76.47, up 0.29% over the past day. In addition, its trading volume is up 38.01% to $1.6 billion, while the market cap stands at $44.55 billion.

Solana has returned to one of its most important technical zones after the latest rejection below $80. The price is squeezing between descending resistance and the $73 to $74 support region.

$SOL

LTF-Noise:
They are seeing wrong "bearflags" but not seeing bullflags

Pls god forgive them pic.twitter.com/sNn4q8SIPz

— Moe (@Crypto_Moe84) July 20, 2026

Earlier in June, this same area launched a rally from below $60 to nearly $80. This zone separates the recent recovery from a deeper correction. Losing it would change the short-term structure. Holding above $73 would preserve the sequence of higher lows established since the June bottom. Breaking above the descending trendline could send the price toward $77.50 before another test of $80. However, losing $73 would expose the $70 support and interrupt the recovery structure.

2. Chainlink (LINK)

LINK is currently trading at $8.40, with a 0.46% increase in the last 24 hours. The trading volume of the coin is up 8.15% to $186.45 million, while the market cap stands at $6.28 billion.

Chainlink has rallied back into the $8.40 to $8.57 resistance zone after recovering from the June low near $7.10. That area rejected the price earlier and has already stalled the latest advance. The recent candles have also formed another lower high beneath the previous swing. The repeated rejection keeps the broader bearish structure intact.

$LINK – Price is rejecting from resistance. If sellers maintain control, downside remains the higher probability scenario. pic.twitter.com/HQ4JTdtY9D

— Pipfessor (@mr_pipfessor) July 20, 2026

Bulls must reclaim $8.57 to challenge the $8.80 level and weaken the current trend. However, failure at resistance could trigger another move toward $8.00 first, while additional selling could revisit the $7.50 region.

3. Avalanche (AVAX)

AVAX is trading at $6.54, representing a 0.53% increase on the daily chart. The market cap stands at $2.82 billion. Meanwhile, the trading volume has increased by 29.36% to $292.5 million. AVAX has gained 6.19% on the weekly chart.

AVAX is trading inside a tight consolidation after recovering from its lowest swing in early June. The recent decline has failed to push below the $6.20 support zone. Instead, the price has continued forming higher reaction lows around $6.50, which suggests demand is gradually absorbing selling pressure.

$AVAX is printing a Double Bottom formation 👀📈 Buyers have defended the same support zone twice, signaling strong demand and fading selling pressure. Bulls are slowly reclaiming control as price builds toward the neckline.

Buyers are defending support aggressively, and… pic.twitter.com/kybwzo9JRy

— Crypto With Gopal (@cryptowithgopal) July 20, 2026

The $6.80 to $7.00 range remains the first barrier to a stronger recovery. A clean break above that zone could drive the price of Avalanche toward the $7.50 target. However, losing $6.20 would invalidate the improving structure. Until then, AVAX is building strength beneath resistance while momentum slowly improves.