Market analyst Ananda Banerjee points out that December could be crucial for three specific digital assets seeking to secure a coveted Binance listing. Attention is primarily focused on IRYS, MYX, and MON, projects that have begun to show bullish chart patterns and a significant increase in trading interest, anticipating an imminent exchange upgrade.
Irys (IRYS) has quickly emerged as a strong contender following its recent inclusion on Coinbase and the launch of perpetual contracts on Binance with 20x leverage. Consequently, the market reacted with an 80% jump in the last 24 hours, now trading above the volume-weighted average price. On the other hand, MYX Finance dominates the Binance Alpha board with a market capitalization of 571 million dollars.
What technical factors suggest an imminent price breakout?
An entry into the leading exchange platform usually catalyzes massive trading volumes and greater user adoption almost immediately. Additionally, Monad (MON) has achieved broad coverage on other major exchanges, which allowed Binance to convert its derivatives to standard USD-M contracts. This confirms that external liquidity is sufficient to support stable indexes on the high-speed blockchain.
If the current momentum holds, IRYS could seek technical targets near 0.069 dollars, provided it does not lose the vital VWAP support level. Likewise, MYX remains trading within an ascending channel; surpassing 3.05 dollars would open the door toward the top of the channel. However, a drop below key supports would quickly invalidate these bullish theses, cooling market expectations.
The scenario for the month of December presents high volatility opportunities as traders position themselves ahead of these potential market catalysts. If buying pressure continues and integration rumors are confirmed, these assets could experience sharp price movements before the annual close, defining short-term profitability for early investors in these emerging projects.
