As 2024 approaches and we experience the final hours of November, the excitement among investors grows with the monthly closing approaching. The biggest question remains whether the ongoing monthly uptrends will continue in December. Current data for three popular altcoins indicates potential increases for the coming month.
For SEI Coin, the December prediction suggests that the altcoin, which confirmed its resistance as support on November 27, has risen to $0.3 today. If SEI surpasses this level, it is predicted that the price could increase by 50%, reaching $0.43. The new smart contract platform aims to revitalize its ecosystem quickly with EVM support and is eagerly awaited by those anticipating a bull market.
Celestia (TIA) has shown an impressive rally since November 10, with a 200% increase, reaching a peak of $7.42 in just 8 days. Although there was a slight decline in price, it continued to rise on November 22. In the event of an expected upward breakout, the TIA Coin price could see a 40% increase, reaching $8.9.
The December price forecast for Kaspa (KAS) shows that this popular cryptocurrency, which has been trending upward since April, has been in the spotlight for a long time. Elliott Wave theory could be useful for predicting the next stage of the price. According to the most likely scenario, the KAS price started a five-wave rise in May and is currently in the third wave. If the price breaks up from the formed triangle, it could jump to $0.18.
For this to occur, a strong wave of demand needs to be seen. Furthermore, demand is expected to increase exponentially when the triangle breaks upwards. Of course, the performance of the BTC price will also be influential in this scenario. If the triangle breaks downward, the price is expected to drop to $0.09 in December.