Best Cryptocurrencies to Buy Today, January 9 – BTC, SOL, XLM

Highlights:

• Bitcoin is holding near $90,000 support, but it needs to break above $92,700 to regain strength.
• Solana is staying strong above $118, and a move past $140 could lead to a push toward $160.
• Stellar is finding support near $0.23, and a break above $0.27 may start a steady recovery.

The crypto market has entered a cautious position after a strong start to the year. Macroeconomic factors such as the upcoming jobs report and the upcoming tariff decision could change the macro outlook of the crypto market. The top cryptocurrency, BTC, has been rejected around $94,000 in the past weeks, with $90,000 acting as the major support.

As of press time, the overall market cap is down 0.29% to $3.11 trillion. However, the trading volume is up 5.14% to $110.2 billion. The fear and greed index stands in the neutral zone at an index of 41, after months in the fear zone. According to CoinGlass data, $378.94 million was liquidated in the market in the past 24 hours, with long positions leading. As macroeconomic factors decide the trajectory of the market, here are the best cryptocurrencies to buy today.

Best Cryptocurrencies to Buy Today

1. Bitcoin (BTC)

BTC is trading at $90,970 after dropping below $90,000 yesterday. BTC has gained 0.29% on the daily chart and 2.62% on the weekly chart. Meanwhile, the trading volume is up by 6.78% to $41.64 billion, while the market cap stands at $1.81 trillion.

According to a recent analysis by Ali, the analyst has warned that BTC may drop toward the $69,200 zone if key support fails. He noted that the price is now compressing inside a tight range after a strong selloff. Importantly, BTC must hold above the $87,200 level to avoid further downside.

He explained that a repeated rejection near $92,700 confirms heavy overhead supply. Moreover, higher resistance remains near $96,800 and $101,100, and a clean break above resistance could stabilize momentum. However, a daily loss of support may accelerate selling pressure fast.

2. Solana (SOL)

SOL is currently trading at around $139.70, with a 2.88% increase in the past day. In addition, its trading volume is up 26.07% to $4.9 billion, while the market cap stands at $78.83 billion. SOL is up 9.78% in the past month.

Solana has stabilized after a sharp decline and is now trading within a defined demand zone on the daily chart. The price has defended the $118 area several times, showing strong buying interest. Moreover, the $140 level now acts as a key reaction zone after the recent rejection.

The momentum has started to improve as the price has formed higher lows since December. Consequently, a sustained hold above $140 may open a move toward $160. However, failure of SOL to hold $118 could revive bearish pressure.

3. Stellar (XLM)

XLM, the native token of the Stellar network, is currently trading at around $0.2318, with a 0.48% increase in the past day. The trading volume of the coin is down by 6.09% to $171.27 million, while the market cap stands at $7.51 billion.

Stellar has based strongly after a long decline and is now trading near a proven demand zone. The price continues to respect the $0.23 area, which previously acted as a major pivot. The repeated defenses of this level suggest fading selling pressure. The momentum has started to stabilize as recent candles show shorter downside wicks.

The $0.35 zone stands out as the next major resistance after the prior breakdown. A clean move above $0.27 would confirm strength building from the base. Additionally, the structure now supports a measured rebound toward former range highs. This move could deliver a recovery of roughly 50% from current levels. Overall, Stellar is showing early signs of a constructive reversal phase.