Ethereum Price Prediction: Mastercard And MetaMask Launch Self-Custody Debit Card As This SOL GameFi Gem Closes On $2 Million

The Ethereum price dropped 4% in the last 24 hours to trade at $2,612 as of 3:40 a.m. EST on trading volume that went up 5% to $15.9 billion.

The crypto’s latest correction came at a time when MetaMask, a popular decentralized finance wallet, entered into a partnership with Mastercard and a digital payments firm called Baanx. The partners intend to launch a self-custody debit card pilot program for select users in the UK and EU.

If the pilot ends up being a success, the partners will roll out the product in other regions as well, over time. The main benefit of the card is that it will allow users to self-custody their funds until the transactions are processed. At the moment of processing, the digital assets will be converted into fiat for payments at retail outlets, online shopping, and alike.

Consensys’ senior product manager, Lorenzo Santos, also explained that users will have to hold their cryptocurrencies on the Linea network and use Linea to set spending limits on the card. Unfortunately, the news did not help the crypto’s price, with ETH seeing a price drop as the new bearish wave continued to move through the crypto sector.

Ethereum Price Prediction

The Ethereum price dropped from over $2,750 to the support at $2,600 in the last 24 hours. In total, the project lost over $150 of its value in one sharp correction, but the situation could turn in the near future according to some technical indicators.

Ethereum’s Bollinger Bands are once again showing signs of widening, and the coin’s price has returned to a more neutral position between the upper and lower band, after driving the lower band further down for the most part in the last 24 hours.

Meanwhile, the project’s Relative Strength Index (RSI) value has started going up after reaching the oversold zone, which suggests that the bears have finished selling and that many traders have moved in to buy the dip. If this continues, ETH could see the start of a new rally, although its price has been unresponsive to the new RSI movement so far.

The RSI is now rapidly approaching the neutral area, and if the bulls end up being strong enough, this could turn into a new surge which could take the RSI further up and result in the price finally following in the hours to come. As a result, now might be a good time to buy ETH and contribute to the new bullish wave that is trying to form and kickstart another recovery.

Promising Alternatives to Ethereum

While now might be a good time to buy ETH, for a lot of traders, doing so in periods of great volatility represents a high risk that they might not be willing to take. Fortunately, there are promising alternatives, like Mega Dice (DICE) — a new GameFi token on Solana’s network that is currently in presale, and as such, immune to market volatility.

Mega Dice is a new crypto launched by the crypto casino bearing the same name. The platform has been around for years, allowing crypto users to play games and win rewards in the form of digital assets, but it never had its own native cryptocurrency until now. Its goal is to make the DICE token the #1 GameFi token on Solana.

By holding DICE, users get access to a variety of benefits, including daily rewards that depend on the casino’s performance, access to limited edition NFTs, and even early bird bonuses for those who join the project’s ICO.

The presale itself raised over $1.71 million, which is quite impressive for a casino token. The ICO remains open for interested investors. Given that Mega Dice has a massive community of over 50,000 registered users and more than 10,000 monthly active users, there will likely be major demand for its token once it goes live and becomes useful within its platform. Therefore, there is a strong chance that its price will skyrocket, so buying it early could be quite beneficial.

Right now, the token’s price is only $0.105266 apiece, and you can acquire it using either SOL, ETH, or BNB. DICE is also commonly discussed by crypto experts, with a popular crypto YouTuber, TodayTrader, speculating that it might easily have 100x potential.

Visit DICE’s official website.

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