A report from the state Military Intelligence Directorate states that there is a clear and consistent rise in daily coronavirus cases, as well as the weekly average.
An increase in the rate of people testing positive has also been recorded over the past two weeks.
In addition, there has been a hike in individuals aged 60 and above getting infected, which is expected to lead to increased morbidity within about a week of today.
"All of these signal point to a third wave in the making," says the report.