The Sandbox

Resistance

Change

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Sandbox’s crypto price decreased by 24% over the past month.</a> </li> 
 <li> <span>2</span> <a>Sandbox crypto price is trading at $0.4806 with a drop of -0.48% in the last 24 hours with a market cap of $1.09 Million.</a> </li> 
</ul> 
<p><br>The Sandbox cryptocurrency has been performing weakly in recent trading sessions, with sellers exerting significant pressure on the charts. The price continues to form doji candles, indicating a struggle between the bears and bulls. Unfortunately, the chart structure favors the bears, and the situation looks bearish.&nbsp;</p> 
<p>As of now, the Sandbox cryptocurrency is trading at $0.4806 with a 0.48% intraday drop, highlighting bearishness. Although buyers are trying to gain traction, they were only able to secure a few critical levels of support. The intraday trading volume stands at 87.73 million, indicating volatility in the upcoming sessions.</p> 
<p>On the daily charts, the Sandbox cryptocurrency is trading in a downtrend and has underperformed in the past few months. The technical indicators continue to signal bearishness, with no signs of a bullish reversal or bounce occurring below the $0.410 range.</p> 
<h2 class="wp-block-heading" id="strong-technical-analysis-of-sandbox-crypto-price-in-1-d-timeframe-strong"><strong>Technical Analysis Of Sandbox Crypto Price in 1-D Timeframe</strong></h2>    
<p><a href="https://in.tradingview.com/chart/SANDUSD/9lhDrcWA-sand/"></a> <a href="https://in.tradingview.com/u/writer12_gsm/"></a> <a href="https://in.tradingview.com/"></a></p>  
<p>The sellers are currently dominating the Sandbox token in the 4-hour charts, and buyers are unable to surpass the neutral range. The<a href="https://www.thecoinrepublic.com/2024/04/20/kava-crypto-price-forecast-what-next-in-kava-crypto-price/" target="_blank" rel="noreferrer noopener"> price </a>action indicates that the bears are persistently pushing the bulls below the lower trajectory, causing the gains to dissipate.</p> 
<p>The relative strength index (RSI) curve highlights bullishness on the charts; it is above the neutral range of 50.</p> 
<p>The MACD indicator shows a neutral signal, with both the moving averages converging. This suggests that a significant move can be expected in the upcoming sessions.</p> <iframe loading="lazy" title="Santiment Chart: Price (SAND), Price (SAND) MA(50), Price (SAND) MA(30)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=the-sandbox&amp;pt=SAND&amp;df=2023-12-01T00%3A00%3A00.000Z&amp;dt=2024-03-22T18%3A29%3A59.514Z&amp;sat=shchcfg_h7186gdYBpgE&amp;emcg=1&amp;emhwm=1&amp;wm=price_usd%3B%5B2%3Bprice_usd%3BMA50%5D%3B%5B2%3Bprice_usd%3BMA30%5D&amp;wax=0&amp;wc=%2326C953%3B%23FF5B5B%3B%235275FF&amp;ws=%7B%22interval%22%3A%221d%22%2C%22node%22%3A%22candle%22%7D%3B%3B" scrolling="no"></iframe> 
<p>As of now, the Sandbox crypto (USD: SAND) is trading above the 50 and 200-day SMAs (Simple Moving Averages), which are providing support for the price trend.</p> 
<p>However, if selling volume increases, the price may conquer the supporting SMAs by making lower highs and lows. As a result, the SAND price is expected to move downwards, giving bearish views over the daily timeframe chart.</p> 
<p>The current value of RSI is 39.98 points. The 14 SMA is above the median line at 36.18 points, indicating that the Sandbox crypto is bearish.</p> 
<p>The MACD line at -0.05166154 and the signal line at -0.05166154 are above the zero line. A bearish crossover is observed in the MACD indicator which signals more bearishness for the SAND crypto price.</p> 
<h3 class="wp-block-heading" id="strong-summary-strong"><strong>Summary</strong></h3> 
<p>The Sandbox cryptocurrency has been performing weakly and is facing significant selling pressure. The chart structure favors the bears, and the situation looks bearish. It is currently trading at $0.4806 with a 0.48% intraday drop. The Sandbox cryptocurrency is trading in a downtrend and has underperformed in the past few months. The technical indicators continue to signal bearishness, with no signs of a bullish reversal or bounce occurring below the $0.410 range.</p> 
<h3 class="wp-block-heading" id="strong-technical-levels-strong"><strong>Technical Levels</strong></h3> 
<p>Support Level: $0.419304</p> 
<p>Resistance Level: $0.635633</p> 
<h3 class="wp-block-heading" id="strong-disclaimer-strong"><strong>Disclaimer</strong></h3> 
<p>This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your own research before making any financial decisions</p>

Sandbox Crypto Price Prediction: Will SAND Change The Game In 2024?

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