BNB is breaking out and nearing new highs, with targets between $883 and $922.
TAO is in its final wave, with potential to reach $1,813 for a new high.
APT reclaimed key support, and a breakout above $15 could push it to new highs.
December could be a big month for altcoins. Some promising altcoins are on the brink of reaching new all-time highs. With strong price movements and positive indicators, these coins are setting up for major growth. Here are three altcoins to watch as they could break record highs this December.
Binance Coin (BNB)
Source: Trading View
Binance Coin hit an all-time high of $721.80 in June 2024. After that, the price dropped but recently broke out of a symmetrical triangle pattern. Currently, BNB is just 10% away from its record high. The wave count suggests BNB is in its fifth and final wave, which started in May 2022. Price targets range between $883 and $922. The RSI and MACD are both rising, supporting this breakout. BNB looks set to reach new highs soon.
Bittensor (TAO)
Source: Trading View
Bittensor shows similar growth. The price is in the fifth and final wave of an upward trend that started in May 2023. Waves three and five have extended, signaling further gains. If the trend continues, TAO could rise to $1.181, with the potential to reach $1,813. These targets align with Fibonacci levels. Like BNB, the RSI and MACD are signaling more upward momentum. TAO is also on track to hit new highs.
Aptos (APT)
Source: Trading View
Aptos has surged over 120% since August, reaching a high of $14.11. The price reclaimed the crucial $10 support level, putting it closer to its all-time high of $20.40. The wave count shows APT completed an A-B-C correction and is now ready to move upward. A break above the $15 resistance could send the price to new highs. The RSI and MACD are bullish, signaling more gains ahead.
BNB, TAO, and APT are all setting up for strong growth in December. Price action and indicators suggest these altcoins will break through key resistance levels. With their wave counts indicating final upward movements, these altcoins are likely to hit new record highs soon.
The post These 3 Altcoins Are Poised to Hit Record Highs This December appeared first on Crypto News Land.
