Sandbox Price Records New 52-week High, $1.5 On The Horizon?
Story Highlights
- The SAND worth has reclaimed the $1 mark with a month-to-month surge of over 300%.
- The EMA 50/200-day indicator reveals a Golden Cross in 1D time-frame, hinting at a worth goal of $1.50.
- Quick-term bullish worth targets are $1.07 and $1.25 respectively.
As Bitcoin worth achieves its milestone worth of $100,000 at present, the cryptocurrency market has hit a brand new ATH. Following this, the altcoin market has recorded a major uptrend with gaming tokens bagging the best positive aspects. Furthermore, the SAND token has claimed the place of the every day prime gainer.
With this altcoin attaining a brand new 22-month excessive and surpassing the $1 mark, will it preserve its worth rally and head towards its 29-month excessive of $1.50 this month? Learn CoinPedia’s Sandbox (SAND) Value Evaluation now!
SAND Value Information A New 52-week Excessive!
The Sandbox worth added 12.67% to its portfolio in 24 hours with a buying and selling quantity of $3.977 billion, a change of +120.34%. Furthermore, it has surged 55.35% in seven days and 300.47% within the final 30 days.
The EMA 50/200-day shows a Golden Cross within the every day time-frame. Furthermore, with a major uptrend within the SAND worth chart, this means a rise within the shopping for stress for the altcoin within the crypto market.
The Relative Energy Index (RSI) has efficiently retested its overbought vary and displayed a pointy rise. With its common continuously performing as a assist, the Sandbox worth could proceed gaining worth within the upcoming time.
How Excessive Will SAND Crypto Go?
Sustaining the worth above its assist stage of $0.90 will set the stage for this altcoin to retest its resistance stage of $1.07. Moreover, if the bulls acquire momentum at that time, this might push the Sandbox worth towards its higher excessive of $1.250.
Nonetheless, if a bearish reversal happens, this might end result on this altcoin retesting its assist stage of $0.90. If the bulls fail to carry momentum at that time, this might lead to it plunging towards its decrease assist stage of $0.720 this month.
What’s subsequent for the SAND worth because it reclaims the $1 mark, Learn CoinPedia’s Sandbox Value Prediction. Additionally, subscribe to remain up to date on the newest crypto-related information!
FAQs
With an intraday surge of ~15%, the SAND crypto token retested its psychological barrier of $1 throughout the early Asian hours at present.
The ATH of the Sandbox token is $8.44 and was recorded on twenty fifth November 2021.
This altcoin is presently exchanging fingers at $0.9320 and has a market capitalization of $2.26 billion.
