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<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>The price of The Sandbox coin rose by 1.07% in the past week and traded below the main resistance trendline.</a> </li> 
 <li> <span>2</span> <a>The price of the SAND coin is trading at $0.30616000 and the 52-week range is $0.27594000 – $0.94046000.</a> </li> 
</ul> 
<p>The Sandbox, a virtual world for gamers, is launching a special event based on “Captain Tsubasa” which is an anime and manga series. The event will be hosted from September 27th to October 11th, 2023, and will offer two unique in-game experiences for the fans. Participants who own an Avatar NFT can compete in a football quest and win a special NFT reward or share a pool of 100,000 SAND tokens.</p> 
<p>The Sandbox crypto surged by 2.38% in market value and by 16.40% in trading volume in the last 24 hours, per Coinmarketcap which is a crypto data and info website. Its market value is $631,325,119 and its trading volume is $37,607,821. There are 2,064,931,926 SAND in circulation.</p> 
<p>Moreover, The Sandbox (BITFINEX: SAND) has not shown any positive performance this month, as it fell by 5.06% and by 50.30% in the past six months, showing underperformance. Also, the year-to-date return of SAND price is negative with a 19.68% decline.</p> 
<h2 class="wp-block-heading" id="strong-sand-coin-price-technical-analysis-in-the-1-day-timeframe-strong"><strong>SAND Coin Price Technical Analysis in the 1-Day Timeframe</strong></h2> 
<p>The SAND price faced resistance from the exponential moving averages (EMAs) and was trading at $0.30668000 price with an intraday gain of 1.39%.</p> 
<p>At the time of publishing, The Sandbox (BITFINEX: SAND) is trading below the 20, and 50-day EMAs (exponential moving averages) which are rejecting the SAND price trend. The MACD line at 0.00546543 and the signal line at 0.00849100 are both under the zero line and they are crossing each other. The histogram gap is lean in the MACD oscillator, which shows that the SAND price is consolidating on the chart. The RSI value is 49.52 points and the 14-day SMA is 42.55 points, which is below the middle line.</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-large">
  <img decoding="async" loading="lazy" width="1024" height="594" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-893-1024x594.png" alt="" class="wp-image-171670" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-893-1024x594.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-893-300x174.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-893-768x445.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-893-750x435.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-893-1140x661.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/09/image-893.png 1461w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: SAND/USD.1D.BITFINEX by TradingView
  </figcaption>
 </figure>
</div> 
<p><a href="https://www.thecoinrepublic.com/2023/09/18/sandbox-price-prediction-are-signs-of-recovery-visible-in-sand/" target="_blank" rel="noreferrer noopener">SAND price</a> has been on a declining trend for a long time and facing constant resistance along a downward trendline on the charts. At the time of writing, SAND price is trading near a crucial support level at 0.30668000 and moving in a range sideways. Moreover, if SAND breaks above the closest resistance, it might go up for reclaiming levels. On the upside, the SAND price could encounter the closest resistance levels at $0.40000000 and $0.50000000.</p> 
<p>On the contrary, the SAND price could continue its downtrend and reach the closest support levels at $0.25000000 and $0.20000000 if it cannot maintain the current level.</p> 
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4> 
<p>The SAND price reflects the pessimistic outlook and expectations of the investors and traders about the SAND in the daily chart. The <a href="https://www.thecoinrepublic.com/2023/09/18/sandbox-price-prediction-are-signs-of-recovery-visible-in-sand/">Sandbox price</a> movement shows a bearish trend at the time of writing as SAND is below the trendline resistance and moving sideways. Moreover, the technical indicators of the Sandbox price indicate that the consolidation may turn into a downtrend in the daily chart. Important reliable indicators MACD, RSI, and EMA, give negative signals about the SAND price.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels:</strong></h4> 
<ul> 
 <li><strong>Support levels: </strong>$0.25000000 and $0.20000000.</li> 
 <li><strong>Resistance levels: </strong>$0.40000000 and $0.50000000.</li> 
</ul> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>In this article, the views and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.</p>

The Sandbox: SAND Price Is Sideways At Support, Can It Boost Up?

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