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SANDUSD

Analyzing the Price Trends of SAND Cryptocurrency SANDBOXThe growth of SAND cryptocurrency in the 2021 year has been nothing short of remarkable. In just 13 months (from 2020), the price of SAND rose from a humble 0.02$ to an impressive 8.00$. This meteoric rise has caught the attention of many investors, who are now scrambling to get in on the action. What is even more impressive is that this growth occurred after a time of great uncertainty in the world, as the COVID-19 pandemic was wreaking havoc on the global economy. Despite these challenges, SAND was able to grow exponentially, proving that its unique blend of gaming and blockchain technology is resonating with a wide range of people. As we look to the future, it's clear that SAND has the potential to continue its growth trajectory. The SAND cryptocurrency experienced a significant price drop in 2022, with the token falling from its previous high of 8.00$ to just 0.37$. This decline took many investors by surprise, and many were left wondering what the future held for SAND. However, it's important to note that this price drop was not unique to SAND, as the entire cryptocurrency market experienced a bearish trend during this time. Despite this setback, the team behind SAND remained committed to the project, and continued to work on improving the platform and expanding its partnerships. In 2023, the price of SAND finally established a bottom, with the token hovering around the 0.37$ mark. While this is a significant drop from its previous highs, it's important to keep in mind that cryptocurrency markets follow same cycles over and over again. Based on technical analysis of SAND's chart and its Fractal structure, it's possible that the token may experience a price increase in the coming months. The chart indicates that SAND has been consolidating in a range between 0.3$ and 0.8$ for several months, which could indicate a period of accumulation by investors. Additionally, there has been a recent uptick in trading volume, which may signal increased interest in the token. Based on these factors, it's possible that SAND could see a price increase in the spring or summer of 2023, with the token potentially reaching levels of 2.0$ to 2.56$.
Long
by ArShevelev
1
SAND had a strong bullish trend over the past weekSAND had a strong bullish trend over the past week, holding the support of the $0.70 range, creating a strong bullish wave on the daily timeframe. The break of the previous ceiling has been confirmed, but there has been a strong reaction as the price has hit the resistance identified in the $0.90 range. One of the important resistance levels of the sandbox is in the range of $1 rand, which is the target of buyers. Sandbox has had a range trend over the past week. The price fluctuates between the considered resistance support levels. The support range of this currency is at the price of 0.610 to 0.670 dollars and its resistance is at the level of 0.880 to 0.900 dollars. Above this resistance, there is a very strong level in the $1 range, breaking these levels requires special support from buyers. Given the selling pressure created in the market yesterday, we expect the Sandbox corrective trend to deepen more likely, and by breaking the current support, the decline could continue to the $0.550 range. But in the bullish scenario, if minor support is maintained in the range of $0.700 to $0.685, and in the 4-hour timeframe, we can expect another positive swing. The important point for the medium and long term is the strong bullish wave started at the $0.40 range, if the supports hold, there is the potential for the sandbox to break the $1 resistance, to the $1.25 level. to continue
by MonoCoinSignal
3
Formation of the next bullish waveBuying pressure on SANDBOX increased again after going through a corrective trend, and buyer support led to the formation of the next bullish wave. The target that we considered in the previous analysis is seen, and the main target is in the range of $1.02. Of course, due to the high strength of yesterday's bullish candle, which is closed at the ceiling, there is also a possibility of breaking this resistance. Its strongest resistance is considered in the range of 1.42 to 1.49 dollars.
by MonoCoinSignal
4
SAND Coin (Sandbox) : "Buy the dip" with a nice TargetHi everyone! Sand's main trend is still bearish, but we do not rule out some interesting corrective moves in the near term. If our analysis is correct, it might be interesting to accumulate on corrective swing and let Long positions run up to 0.6765 area. If this idea will be supported by your "Likes" we will continue to follow the crypto with updates below. thanks for your attention and please... trade with care! 💖
Long
by TheAnonymousBanker
7