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Highlights:
The crypto market is slightly down today despite the Fed rate cut last week. Traders have pulled out of major positions as they await major macroeconomic factors that could shape sentiment this week. The upcoming US CPI data and rate decision by the Bank of Japan may influence the market movement. At press time, the total market cap is down 0.42% to $3.05 trillion. In addition, the trading volume is down 7.46% to $94.57 billion in the past day.
The fear and greed index still sits in the fear zone at an index of 24, showing slowing activity in the market. The crypto market has experienced a total of $293.10 million in liquidations in the last 24 hours. With major events expected to shape the crypto market this week, here are the best cryptocurrencies to invest in today.
ETH is trading at $3,129, representing a 0.59% increase on the daily chart. The market cap stands at $377.71 billion, while the trading volume has increased by 91.34% to $19.75 billion.
Ethereum is driving upward with renewed strength after breaking above its descending channel. Buyers defended the $2,810 support zone, which marked the base of the recent reversal and ended weeks of steady decline. The price is holding above $3,100 with improving momentum.
The first major hurdle sits at $3,890, a level that capped several rallies in recent months. A decisive break above it would shift the mid-term trend and expose the next resistance at $4,603. The RSI is rising from neutral territory, and the MACD is showing a strengthening bullish crossover, both confirming building momentum. The support remains anchored at $2,810, while demand continues to rise. If this trajectory holds, Ethereum could gain nearly 47% in the short term.
LTC is trading at $80.76, a 0.38% decrease in the past day. Its trading volume has increased by 57.13% to $359.6 million, while the market cap stands at $6.18 billion. Meanwhile, the coin has lost 21% on the monthly charts.
Litecoin is attempting to push higher after stabilizing above $80. LTC has held this zone for several weeks, which reinforces it as a strong support area. The recent move toward $81 shows improving momentum as selling pressure eases.
The coin is facing $105.40 as the next major obstacle. This level acted as firm resistance during past attempts to recover, and a breakout above it would signal a meaningful trend shift. The RSI sits near 43, indicating room for upward extension if strength continues. However, slipping below $80 could invite a deeper pullback toward $72. If current conditions persist, Litecoin has enough momentum to target a short-term advance of roughly 30%.
AVAX is trading at $13.20, representing a 0.29% decrease on the daily chart. The market cap stands at $5.67 billion. Meanwhile, the trading volume has increased by 59.24% to $283 million.
Avalanche is trying to reverse upward after weeks of steady weakness. The descending trendline from the October peak remains the main barrier, yet AVAX is pressing directly against it and showing early signs of momentum shift.
MACD is flattening and gradually tilting upward, which signals fading downside pressure. Furthermore, recent candles show tighter consolidation, a common sign of compression before a decisive move. A breakout above $15 would confirm renewed strength and reopen the path toward the mid-$18 zone, where a previous structure formed.
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