Starting a new month with optimism, the crypto market is boosted by bullish movements from Celestia (TIA), Avalanche (AVAX), and Polkadot (DOT), making them some of the best cryptocurrencies to buy now in December. The global crypto market has a $1.51 trillion market cap and is up 1.9%. Bitcoin has surpassed the $38K mark, trading at $38,595.71, as the spot Bitcoin ETF allocation date approaches.
Celestia (TIA) has become one of the top protocols for L2 solutions with its introduction of Ethereum fallback for OP Stack. This development has attracted investors to TIA due to its emerging technology. TIA exhibits a bullish regression pattern in its price action, with resistance at $7.27 and local support at $6.20. Experts predict a potential rally toward $8 if the resistance is broken.
Avalanche (AVAX) is known for its transaction speed in the Defi space. The recent surge in AVAX price is attributed to the rise in Total Value Locked (TVL), which has reached $666 million with a 20% increase in a month. AVAX shows promising signs as it is poised to break the resistance line, supported by an impressive 180% increase over the last 42 days.
Polkadot’s native token DOT has established a bullish rally after a period of decline. The Polkadot Foundation’s announcement of a $1 million trial investment in US Treasury bills reflects the integration of traditional financial instruments into the blockchain space. Developer activity in the Polkadot ecosystem has also increased, contributing to the current price rally. DOT is forming a symmetrical triangle pattern, and a breakout from above could initiate a potential bull rally.
In conclusion, Celestia (TIA), Avalanche (AVAX), and Polkadot (DOT) are among the best cryptocurrencies to buy now in December, according to experts. These coins have shown positive price movements and have attracted investor attention with their innovative developments.
Hot Take: Bullish Momentum for TIA, AVAX, and DOT
The crypto market is experiencing bullish momentum with Celestia (TIA), Avalanche (AVAX), and Polkadot (DOT) leading the way. TIA has attracted investors with its L2 solutions and Ethereum fallback feature. AVAX’s transaction speed and TVL rise contribute to its positive price movement. DOT’s rally is fueled by the integration of traditional financial instruments and increased developer activity. These cryptocurrencies show potential for further growth in the coming days, making them attractive options for investors.
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