The term 'wave peaks' can be described as the crests of a wave, which are the highest points of a wave. The crests are the points where the wave is at its highest and most powerful. They are usually followed by troughs, which are the lowest points of a wave. Wave peaks are important in many areas, such as oceanography, where they are used to measure the size of waves and their potential for causing damage. In addition, wave peaks are also used in meteorology to measure wind speed and direction.