Disclosure
Cryptocurrency trading is speculative and your capital is at risk when you trade. We may earn affiliate commissions from some of the products on this page - at no extra cost to you.
Top Cryptocurrencies to Buy Today, March 9 – BNB, Ethereum, Hyperliquid

Highlights:

  • BNB is trading near the $620 support as buyers try to build momentum for a move toward the $900 zone.
  • Ethereum has broken above a trendline and now aims for $2,050 as bullish momentum slowly builds.
  • Hyperliquid is holding around $31 as traders watch for a stronger push toward the $42 level.

The crypto market is rising today as geopolitical tensions continue to ease. Donald Trump has hinted at a potential resolution of the tensions in the ongoing war. According to a Reuters report, the president noted that he is in communication with the Israeli prime minister about the Iran war. According to analysts, the easing of geopolitical tensions and the passage of the CLARITY Act will lead to a crypto market rally.

Advertisement

Banner

As of press time, the overall market cap is up 0.40% to $2.31 trillion. Meanwhile, the trading volume is up 57.02% to $89.91 billion. The fear and greed index still stands in the extreme fear zone at an index of 19. The total liquidations in the last day totaled $380.32 million, with long positions accounting for $219.68 million. With the geopolitical tensions expected to ease soon, here are the top cryptocurrencies to buy today.

Top Cryptocurrencies to Buy Today

1. BNB

BNB is trading at $627.80, representing a 1.17% increase over the last 24 hours, and the market cap stands at $85.6 billion. Meanwhile, the trading volume is up by 23.06% to $1.44 billion.

Top Cryptocurrencies to Buy Today, March 9 – BNB, Ethereum, Hyperliquid
BNB Price Chart: CoinMarketCap

The native coin of the BNB Chain ecosystem is holding support near the $620 zone on the daily chart. The coin has traded sideways between $620 and $630 after a sharp breakdown in early February. This area now acts as the main demand zone for buyers. Therefore, bulls must defend this support to prevent another downside move.

Source: TradingView

Meanwhile, the major resistance zone sits near $900 to $921. This level previously acted as support before the February breakdown. As a result, it now forms a strong supply area on the chart. A successful recovery could push the price toward this resistance region. In addition, the MACD is showing improving momentum as buyers continue building a base above the $620 support area. If strength continues, BNB could move toward the $921 resistance level.

2. Ethereum (ETH)

ETH is trading at $2,012, representing a 2.35% increase over the past 24 hours. The market cap stands at $242.85 billion, while the trading volume has increased by 94.04% to $21.24 billion.

Ethereum Price Chart: CoinMarketCap

Ethereum has broken out above a descending trendline on the one-hour chart. This breakout signals improving short-term bullish momentum. The price is currently trading near the $2,000 to $2,014 zone. This area now acts as the immediate support after the breakout move.

Earlier, the market formed a demand zone between $1,920 and $1,950. Buyers repeatedly defended this level during the recent consolidation phase. Meanwhile, the next resistance sits near the $2,050 price level. A strong move above the resistance zone may send the coin to $3,013 in the short term.

3. Hyperliquid (HYPE)

HYPE is currently trading at around $31.27, with a 2.79% increase in the past day. Its trading volume has increased by 55.92% to $231.8 million, while the market cap stands at $8.05 billion.

Top Cryptocurrencies to Buy Today, March 9 – BNB, Ethereum, Hyperliquid
Hyperliquid Price Chart: CoinMarketCap

Hyperliquid is moving sideways after a recovery on the daily chart. The token is trading near the $31 zone during the current consolidation phase. This region acts as the immediate support area for buyers. Meanwhile, the coin is showing stronger support near the $24.6 level. Buyers previously defended this demand zone during the December accumulation phase. As a result, this level remains the key downside support. A break below this zone could weaken the current structure.

Source: TradingView

However, the market is facing resistance near the $42.4 level. This area previously acted as a strong supply zone on the chart. In addition, the RSI is moving above the 50 level, which signals improving momentum.

eToro Platform

Best Crypto Exchange

  • Over 90 top cryptos to trade
  • Regulated by top-tier entities
  • User-friendly trading app
  • 30+ million users
9.9

5 Stars

eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment, and you should not expect to be protected if something goes wrong.

Advertisement

Banner

Advertisement

Banner

Advertisement

Banner