Best Cryptocurrencies to Buy Today, May 2 – Litecoin, XRP, Ethereum

Highlights:

• Bitcoin crosses $97K as the crypto market cap hits $3.01 trillion with a strong bullish sentiment.
• Litecoin is set to hit $108 as the race to approval for a spot ETF gains momentum.
• Ethereum shows strength above $1,750 and targets a breakout toward $2,600.

The cryptocurrency market continues to rise as Bitcoin leads the way by breaching the $97,000 mark briefly. At press time, the global market cap is at $3.01 trillion, up by 1.37% in the last 24 hours. Meanwhile, the total trading volume is up 3.57% to $82.86 billion. The fear and greed index stands in the neutral zone at an index of 55 after being stuck in the fear zone for a long time

Bitcoin has slightly declined from the $97,000 mark to trade at $96,659 at the time of writing. The trading volume has increased 12.57% to $32.54 billion. BTC has crushed the $96,000 resistance level. According to Crypto2Community analysis, the resistance level was crucial for the coin to breach the $100,000 mark. Most analysts in the market predict that the bullish outlook will continue, making these the best cryptocurrencies to buy today.

Best Cryptocurrencies to Buy Today

1. Litecoin (LTC)

Litecoin is currently trading at around $88.59, with a 5.02% increase in the past day. Its trading volume has increased by 30.28% to $504.66 million, while the market cap stands at $6.71 billion. In addition, the coin has been on an upward trajectory lately and has gained 4.24% and 8.68% on the weekly and monthly charts, respectively.

LTC is predicted to surge further as the odds for a spot Litecoin ETF peak at 90%. According to Eric Balchunas, the final decision for the approval of the ETF is set to be delivered on October 2. The approval of the ETF would drive adoption by institutions and likely drive the price higher.

Would love to hear directly from Atkins, but all good chance of happening. Here’s our latest odds of approval for all the dif spot ETFs via @JSeyff https://t.co/nLhYJJmO9U pic.twitter.com/4AcJVwhics

— Eric Balchunas (@EricBalchunas) April 30, 2025

Meanwhile, analyst CRYPTOzz, Litecoin has broken out of a long descending channel. Price now trades above the 50-day moving average. According to his analysis, support lies between $49.96 and $61.46. He predicts a breakout above $89.93 could push the price to $108 in the near future.

#ltc/usdt

Litecoin has successfully broken out of a descending channel pattern on the daily timeframe
If momentum persists, we might see $LTC push towards the $108 in the near future

Crypto Traders-join Telegram https://t.co/4ApYM0WgpD
. pic.twitter.com/QdqYfb6Dob

— Whales_Crypto_Trading (@WHALES_CRYPTOzz) May 2, 2025

2. XRP

XRP is trading at $2.19, representing a 0.07% decrease over the last 24 hours. The market cap stands at $128.65 billion, and the trading volume is down 32.21% to $2.32 billion.

Despite the short term bearish mood of the coin, analysts predict a potential breakout soon. According to analysis by Coin Bureau, XRP is testing the $2.25 resistance zone after breaking above the $2.20 zone earlier today. The next key level is at $2.30, where the coin has to break out from in order to push the price to $2.36. In case of a pullback, support lies at $2.18.

XRP PRICE WATCH

Price broke above $2.20, now testing $2.25 resistance. Bullish MACD & RSI above 50 signal strength.

A close above $2.25 could spark a surge to $2.35 or even $2.50! Watch for support at $2.18 if it dips. pic.twitter.com/kgkIxiNIyl

— Coin Bureau Trading (@CoinBureauTr) May 2, 2025

3. Ethereum (ETH)

The second largest cryptocurrency is trading at $1,817, representing a 0.29% increase over the last 24 hours. The market cap stands at $219.42 billion, and the trading volume has increased by 8.39% to $16.29 billion. ETH has gained 2.16% on the weekly chart, making it one of the best cryptocurrencies to buy today.

According to analyst Caesar, Ethereum broke above the descending trendline near $1,750. Buyers defended the $1,673 support zone multiple times. This zone marks a strong demand area. A bullish structure formed after the trendline break. Ethereum must hold above $1,673 to maintain momentum. The next resistance lies near $2,200.

$ETH – #Ethereum is looking good and is very undervalued at the moment. We saw a break out of the descening trendline. Most hated rally incoming? pic.twitter.com/c3S10CB33x

— Crypto Caesar (@CryptoCaesarTA) May 1, 2025

A clear breakout above this level can trigger further gains toward $2,600. Strong supply zones sit between $2,600 and $3,800. Price must flip these zones to extend the rally. Overall, Ethereum signals strength after reclaiming key levels and breaking bearish structure.