Best Cryptocurrencies to Invest in Today, July 17 – Solana, Hyperliquid, Ethereum

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Best Cryptocurrencies to Invest in Today, July 17 – Solana, Hyperliquid, Ethereum

Highlights:

  • Solana has flashed a buy signal, with buyers now watching for a recovery above the $90 level.
  • Hyperliquid is holding the $58–$60 support zone as traders wait for its next major move.
  • Ethereum is testing the $1,830 support, and holding that level could pave the way for a rebound toward $1,930.

The crypto market is down today, with the fresh geopolitical tensions in the Middle East affecting the market, which had started to recover. In addition, the fresh wave of liquidations in the market has slowed the market momentum, with $434.24 million in fresh liquidations hitting the market. The expected expiry of Bitcoin options today, worth roughly  $1.23 billion, may impact the market’s trajectory.

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The overall market cap is down 2.94% to $2.16 trillion. In addition, the trading volume is down 1.01% to $66.81 billion. The fear and greed index stands in the fear zone at an index of 31. With the market back in bear sentiment, here are the top cryptocurrencies to invest in today.

Top Cryptocurrencies to Invest in Today

1. Solana (SOL)

SOL is currently trading at around $74.53, down 3.65% over the past day. In addition, its trading volume is down 11.8% to $1.79 billion, while the market cap stands at $43.41 billion.

Best Cryptocurrencies to Invest in Today
Solana Price Chart: CoinMarketCap

Solana has flashed a TD buy signal after months of heavy selling on the monthly chart. The signal appears near the $75 to $80 support region where the price has stabilized in recent months. That area has stopped the decline despite repeated selling attempts. The latest candle also shows buyers defending the same zone instead of allowing another sharp breakdown.

However, Solana must reclaim the $90 level before momentum can improve. A move above $100 would confirm stronger buying interest and expose the $120 region. Breaking that barrier could shift attention toward $150. Losing the $75 support would invalidate the bullish setup and revive downside pressure.

2. Hyperliquid (HYPE)

HYPE is currently trading at around $59.24, with a 11.15% decrease in the past day. However, its trading volume has increased by 36.85% to $563.8 million, while the market cap stands at $14.98 billion. HYPE is down 18.78% on the monthly chart.

Best Cryptocurrencies to Invest in Today
Hyperliquid Price Chart: CoinMarketCap

Hyperliquid is testing a decisive trendline after rallying from below $30 to nearly $70 this year. That advance has remained intact because the price is still trading above the broader ascending support. However, the recent structure has produced lower highs, showing momentum has weakened near the $68 to $70 region.

The price is also compressing between rising support and falling resistance. Such compression often leads to a sharp directional move. Holding above the $58 to $60 support would preserve the broader uptrend and keep higher targets in play. However, losing that zone would confirm the lower-low setup and expose the next support around $50 before buyers attempt another recovery.

3. Ethereum (ETH)

ETH is trading at $1,830, representing a 4.59% decrease over the past 24 hours. The market cap stands at $220.95 billion, while the trading volume has increased by 0.06% to $12.35 billion.

Best Cryptocurrencies to Invest in Today
Ethereum Price Chart: CoinMarketCap

Ethereum has returned to the $1,830 support area after rejecting the $1,930 resistance level. Buyers defended this zone during the previous breakout. Therefore, holding above $1,830 would preserve the current bullish structure. A sustained rebound could send ETH back toward $1,900 and then $1,930. Breaking above $1,930 would expose the psychological $2,000 level.

However, losing $1,830 would shift attention toward the $1,800 support area. That move would weaken short-term momentum and increase selling pressure. Still, buyers have another opportunity to reclaim control if demand returns quickly around current levels.

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