Best Crypto To Buy Now On December 1- TIA, AVAX, DOT
Starting a new month with optimism, the crypto market is boasted by bullish movements as Celestia (TIA), Avalanche (AVAX) and Polkadot (DOT) are some of the best crypto to buy now in December.
As the global crypto market is up 1.9% with a $1.51 trillion market cap, the top gainers have contributed a lot. Talking about Bitcoin, the flagship crypto has breached the $38K mark, trading at $38,595.71. As the spot Bitcoin ETF allocation date approaches, the optimism surrounding Bitcoin grows.
Talking about top gainers, Celestia (TIA), Avalanche (AVAX), and Polkadot (DOT) are leading the market right now. Although there are multiple tokens with 10000x spikes, these coins are considered stable and considered as top choices of experts.
Best Crypto To Buy Now
Here’s why TIA, AVAX, and DOT are some of the best cryptos to buy now as of December 1, according to experts.
Celestia (TIA) Price Prediction
Celestia (TIA) has recently become one of the top protocols when it comes to L2 solutions. Recently, Celestia introduced Ethereum fallback for OP Stack It will minimize the disruptions in L2 block data posting errors. It will ensure the user funds remain fluid in the L2’s bridge contract. This development attracted investors to TIA to invest in the new emerging tech.
Celestia (TIA) exhibits a bullish regression pattern in its price action, with resistance at $7.27 and local support at $6.20. Experts anticipate a potential rally toward $8 upon breaking the resistance.
The 50-day Moving Average (MA) is at $5.97, signaling a bullish trend. The Relative Strength Index (RSI) stands at 70, reflecting high bullish sentiment, although sell pressure could trigger a slight downturn. Celestia (TIA) was priced at $7.03, TIA has experienced a notable 9.84% increase in the last 24 hours and a significant 24.57% surge in the past 7 days.
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Avalanche (AVAX) Price Prediction
Avalanche (AVAX) is always one of the top Defi tokens when it comes to transaction speed. The recent surge in AVAX price is attributed to the TVL rise. The Total Value Locked (TVL) for AVAX has reached $666 million with a staggering 20% increase within a month.
Avalanche (AVAX) shows promising signs as the price is poised to break the resistance line, especially with the recent surge in volume. Over the last 42 days, it has seen an impressive 180% increase. This aligns with the broader trend of recovery among various cryptocurrencies.
Despite a minor correction following a positive impulse, the current setup suggests the potential for another upward push. At the press time, Avalanche (AVAX) price was trading at $22.25, accompanied by a 24-hour trading volume of $552,751,395.20. This indicates a notable 5.62% price increase in the last 24 hours and a solid 5.10% surge in the past 7 days.
Polkadot (DOT) Price Prediction
Polkadot’s native token DOT has lately established a bullish rally following a period of continual decline from August to October. In a statement on November 29, the Polkadot Foundation announced plans for a $1 million trial investment in US Treasury bills. This investment will be tokenized on-chain using Anemoy, reflecting the increasing integration of traditional financial instruments into the blockchain space.
Furthermore, according to Santiment data, developer activity in the Polkadot ecosystem has increased since November 28 leading to the current price rally.
Polkadot (DOT) is forming a symmetrical triangle pattern in its price action. Experts suggest that a breakout from above could initiate a potential bull rally. The Relative Strength Index (RSI) stands at 57, indicating a neutral market sentiment.
Polkadot (DOT) price was trading at $5.43, with a 24-hour trading volume of $289,845,493.36. This is a 4.20% increase in the previous 24 hours and a 4.22% increase in the last 7 days. Traders are closely watching for a decisive move in the coming sessions to confirm the direction of the price trend.
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