The cryptocurrency market is witnessing exciting movements as Qubetics, Cardano, and Solana capture investor attention. Qubetics’ presale has entered Stage 19, raising $11.3 million, while Cardano is testing a crucial resistance level that could determine its next big move. At the same time, Solana continues its uptrend despite short-term fluctuations, showing strong bullish momentum. These developments make them among the top cryptos to invest in for the short term, offering opportunities and challenges for investors navigating the volatile market.
Qubetics, Cardano, and Solana are among the top cryptocurrencies to consider for short-term investments, based on their recent developments and market performance.
Qubetics Network, a blockchain-based cross-border payment solution, has entered Stage 19 of its presale, with 450 million tokens sold so far, generating $11.3 million in funding. The presale began in March 2023 and is scheduled to conclude in April, with a total hard cap of $30 million. At the time of writing, each $TICS token is priced at $0.0606, and it will gradually increase throughout the presale stages, concluding at $0.25 during the mainnet launch.
According to analysts, Qubetics could deliver a substantial return on investment (ROI) for early purchasers, with projections ranging from $10 to $15 per token post-mainnet launch. This promising scenario, coupled with Qubetics' innovative solution for financial institutions to utilize the $TICS token for near-instant cross-border payments and settlements, positions it as one of the top cryptocurrencies for short-term gains.
In the realm of cryptocurrencies, Cardano (ADA) encountered a crucial technical zone on March 13, presenting a critical juncture in its price trajectory. The cryptocurrency faced strong resistance at $1.13 and $1.23, which could largely determine ADA's next move. This range, known as the golden pocket Fibonacci area, served as a pivotal support or resistance zone following a strong bullish or bearish move.
After rising from a low of $0.83, Cardano encountered this key Fib level while attempting to establish a higher high. A breakout above this resistance could lead to further gains, whereas a rejection might result in a pullback or consolidation within the current trading range.
Solana (SOL) continued its uptrend on March 13, showing resilience despite minor pullbacks. Over the past month, SOL has seen an impressive 21.94% gain, and in the last six months, it has surged by 38.74%. While it saw a 1.53% decline last week, the broader trend remained bullish, with Solana maintaining its upward momentum.
Currently, SOL encountered a crucial resistance level, which could determine the cryptocurrency's next directional move. This range, defined by the 100% Fibonacci extension, presented a strong technical barrier that traders and investors watched closely. A breakout above this level might propel SOL toward the next price target, and a strong close above could open up further upside potential.