Crypto Price Prediction: Metacade, Ovr, UBXS
Metacade, Ovr and UBXS may benefit from altcoin rally as P2E and RWAs dominate in 2024. OVR and UBXS target $1 and $0.1 respectively. MCADE is showing potential growth as prices remain at key levels.
As the crypto market continues to consolidate amid bull market predictions, three altcoins that could take the big time in the coming weeks and months are Metacade (MCADE), Ovr (OVR), and UBXS (UBXS). As the prices of UBXS and Ovr continue to trend higher, MCADE is trending higher as price holds above a key support level.
OVR and UBXS price forecast
OVR and UBXS are trading higher today and have increased in their respective prices over the past 24 hours. UBXS posted further gains last week, gaining more than 42% in weekly action. Meanwhile, OVR has seen returns of up to 8% over the same period.
As the market recovers from this week's dip, the two coins could benefit from a resurgence in play-to-earn (P2E) and tokenization narratives. Experts say the latter is one of the key trends to be seen in 2024.
According to crypto analyst Michael van de Pop, the altcoin market could help UBXS's value as the tokenization of real-world assets continues to grow. The analyst sees a potential move to around $0.09-$0.13.
The #Altcoin market is set to accelerate some more in the near future as the cycle has just begun. #RWA will be one of the main topics and $UBXS is such a project. It looks poised for a fresh move towards $0.09 and $0.13 with a critical support level,” the analyst posted on his X account.
The #Altcoin market is going to accelerate some more in the near future as the cycle has just begun. #RWA will be one of the main topics and $UBXS is such a project.
It holds a critical support level and looks poised for a fresh move towards $0.09 and $0.13. pic.twitter.com/pjZsV6J4Q4
— Michael Van de Pop (@CryptoMichNL) January 5, 2024
OVR, the Augmented Reality (AR) alternative to reality, can benefit from the rise of P2E, Web3 and the metaverse. OVR reached a high of $3.33 in December 2021. While 89% is higher than that, a rally from the current $0.34 price could see bulls test recent resistance above $0.74. Bull market targets will be above $1.
Metacade price forecast
Since hitting a high of $0.02 in November, the Metacoin price has struggled for momentum. Blockchain-based gaming platform native token MCADE has recently reached a peak in the hype surrounding the launch of the Metacade mainnet.
While the GameFi project's milestone launch with major vendors and major partnerships continue to gain adoption, MCADE's initial momentum has faded after a 106% gain in one week last November.
In fact, at current levels below $0.012, Metacade's price has fallen by 28% in the past month. It is down significantly from its all-time high of over $0.045 reached in May 2023.
However, peer-to-peer (P2E) is expected to gain more attention in 2024 and programs like Metacade's Meta Grant can further encourage the community of developers and game studios. MCADE could be a big beneficiary of this attitude as gaming platforms begin to dominate the scene.
MCADE's price may be getting a tailwind boost from $0.012 in the altseason. The approval of the first Bitcoin ETF by the US Securities and Exchange Commission (SEC) could be the trigger for this launch.
In the short term, the native token of Metacade could explode above $0.1, while the psychological $1 remains the target.
