cryptocurrency

SandBox Price Prediction (SAND) – Will the SandBox reach $5 soon?

  • The sand price forecast is bullish at $1.0130 to $3.8797.
  • sandbox (sand) The price may also hit $5 soon.
  • The price of bearish sands for 2022 is forecast at $0.7354.

In The SandBox (SAND) Price Forecast for 2022, we use statistics, price patterns, RSI, RVOL, and other information about SAND to analyze the future movement of the cryptocurrency.

The current market status of SandBox (SAND)

according to Queen GekkoThe SandBox (SAND) price is $0.825329 with a 24-hour trading volume of $257,579,550 at the time of writing. However, the SAND is down nearly 9.1% in the past 24 hours.

Furthermore, the SandBox (SAND) has a circulating supply of 1,499,470,108 SAND. Currently, SandBox (SAND) is traded on crypto exchanges such as Binance, Upbit, OKX, LBank, WhiteBIT and Huobi Global.

What is SandBox (SAND)?

SandBox (SAND) is one of the popular playable (P2E) game icons in the metaverse arena. SandBox is a 3D metaverse game built on the blockchain and SAND is its original code. SAND was launched as an ERC-20 token in 2011.

SAND has a wide range of use cases within the SandBox game. Primarily, SAND acts as an entry pass for users to enter the game and facilitate transactions on the platform. Later, they can use the token to customize their game avatar and buy LAND on the metaverse. Moreover, it is also published in the in-game asset trading on the Sandbox Market. Voting rights are granted to their respective owners through the original DAO. Users can also share SAND codes to earn rewards.

SandBox continues to help with the process of decentralizing mainstream games. Major real-world entities have become set foot in The SandBox metaverse.

Sandbox (Sand) price forecast 2022

SandBox (SAND) is currently 46th on CoinGecko. Sand price forecast 2022 is explained below with daily time frame.

The above SandBox (SAND) chart plotted the descending channel pattern. A descending channel is also known as a descending channel. The descending channel consists of two parallel trend lines. The upper trend line, which joins the highs, and the lower trend line, which joins the lows, run parallel to the bottom. This pattern is characteristic of a bear market.

Currently, SandBox (SAND) is in the $0.8160 range. If this pattern continues, the SDF price may reach the $0.9184 and $1.0108 resistance levels. If the trend reverses, the SAND price could drop to $0.8085.

SandBox (SAND) Support and Resistance Levels

The chart below shows the support and resistance levels for the SandBox (SAND).

sandUSDT Support and Resistance Level (Source: TradingView)

From the above daily time frame, we can clearly interpret the following as the SandBox (SAND) resistance and support levels.

resistance level 1 1.0130 USD
resistance level 2 1.5458 dollars
resistance level 3 2.5421 dollars
resistance level 4 $3.8797
Support level $0.7354
Sand resistance and support level

The charts show that SandBox (SAND) has conducted an upward trend over the past month. If this trend continues, the SAND may work in tandem with the bulls breaking the resistance level at $3.8797.

Accordingly, if investors turn against the cryptocurrency, the price of SandBox (SAND) could drop to close to $0.7354, which is a bearish sign.

Price Forecast for SandBox (SAND) 2022 – RVOL, MA and RSI

The relative volume (RVOL) of the SandBox (SAND) is shown in the graph below. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. Currently, the RVOL of SAND is below the cutoff line, indicating weakness of participants in the current trend.

Also, the Moving Average (MA) of the SandBox (SAND) is shown in the above chart. Notably, the price of SandBox (SAND) is below 50 MA (short term), so it is in a downtrend. Currently, SAND is in a downturn. Therefore, there is a possibility of sand reversal at any time.

Meanwhile, the Relative Strength Index (RSI) for SAND is 34.40. This means that SandBox (SAND) is in an oversold state. However, this means that a major SAND price reversal may occur in the coming days. Therefore, traders need to trade carefully.

Sand Fund (SANED) Price Prediction 2022 – ADX, RVI

Let’s now take a look at the Average Directional Indicator (ADX) from SandBox (SAND). It helps to measure the overall strength of a trend. The indicator is the average of the values ​​of the expanding price range. This system attempts to measure the strength of price action in positive and negative trends using DMI indicators with ADX.

The above chart represents the ADX indicator for the SandBox (SAND). Currently, the ADX of SAND is in the range of 19.9350 and therefore it indicates a weak trend.

The above chart also represents the SandBox’s Relative Volatility Index (RVI) (SAND). RVI measures the continuous deviation of price changes over a period of time. The RVI of SAND is above 50, which indicates high volatility. In fact, the SandBox RSI (SAND) is at 34.40 confirming a possible buy signal.

Comparison of SAND, BTC, and ETH

The chart below shows a price comparison between Bitcoin (BTC), Ethereum (ETH), and Sandbox (SAND).

BTC Price Comparison vs ETH Vs SAND (Source: TradingView)

From the above chart, we can interpret that the price movements of ETH and SAND are moving in a similar direction. This indicates that when the price of ETH rises or falls, the price of SAND also increases or decreases, respectively.

SandBox (SAND) Price Forecast 2023

If a price action drop completely slows in momentum and the trend reverses, SandBox (SAND) You’ll likely make $7 by 2023.

SandBox (SAND) 2024 . Price Forecast

With several network upgrades, SandBox (SAND) may be entering an upward trajectory towards hitting the $1 mark. If the coin catches the attention of major investors, the SAND could rise to $9 by 2024.

Sandbox Price Forecast (Sand) 2025

If SandBox (SAND) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next three years, SAND will rise to $11.

Sandbox Price Forecast (Sand) 2026

If SandBox (SAND) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next four years, SAND will rise to $13.

SandBox (SAND) Price Prediction 2027

If SandBox (SAND) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next five years, SAND will rise to $15.

SandBox (SAND) 2028 . Price Forecast

Despite the trends in the highly volatile cryptocurrency market, if SandBox (SAND) maintains a strong position as a better investment option for the next six years, it could drive prices up significantly. Thus, by 2028, the price of SAND will reach $17.

SandBox (SAND) Price Forecast 2029

If investors flock and continue to place their bets on the SandBox (SAND), this will see huge gains. SAND could reach $19 by 2029.

SandBox (SAND) 2030 Price Forecast

With greater developments in the SandBox platform, the crypto community may continue to invest in SAND over the next eight years and drive the price of the token significantly higher. Thus, the price of Sanbox (SAND) could reach $21 by 2030.

conclusion

With the continuous improvements in the SandBox network, we can say that 2022 is a good year for SAND. Because of this, the price prediction for a bullish SandBox (SAND) in 2022 is $3.8797. On the other hand, the bearish price forecast for SandBox (SAND) for 2022 is $0.7354.

Furthermore, with advances and upgrades to the SandBox ecosystem, it will help SAND performance reach an all-time high (ATH) of $8.40 very soon. But, it could also be $5 if investors think SAND is a good investment in 2022.

Instructions

1. What is sandbox (sand)?

SandBox (SAND) is a play-for-profit (P2E) game token original to SandBox, a 3D metaverse game. It was launched as ERC-20 token in 2011.

2. Where to buy sandbox (sand)?

SandBox (SAND) is listed on several cryptocurrency exchanges including Binance, Upbit, OKX, LBank, WhiteBIT, and Huobi Global.

3. Will The SandBox (SAND) arrive in a new ATH soon?

With developments and promotions going on within SandBox The platform, SAND has a great potential to reach ATH soon.

4. What is the all-time high (ATH) of the SandBox (SAND)?

On November 25, 2021, SandBox (SAND) reached an all-time high (ATH) at $8.40.

5. Is sandbox (sand) a good investment in 2022?

SandBox (SAND) appears to be one of the most profitable cryptocurrencies this year. According to the achievements of SandBox in the past few months, SAND is a good investment in 2022.

6. Can a SandBox (SAND) cost $5?

SandBox (SAND) is one of the active cryptocurrencies that continues to maintain its bullish state. Finally, if this uptrend continues, SandBox (SAND) will hit $5 soon.

7. How much will a SandBox (SAND) cost by 2023?

The price of the Sandbox (SAND) is expected to reach $7 by 2023.

8. What will be the price of the SandBox (SAND) by 2024?

The price of the Sandbox (SAND) is expected to reach $9 by 2024.

9. How much will a SandBox (SAND) cost by 2025?

The Sandbox (SAND) price is expected to reach $11 by 2025.

10. What will the price of SandBox (SAND) be in 2026?

The Sandbox (SAND) price is expected to reach $13 by 2026.

Disclaimer: The opinion expressed in this graph is that of the author only. It is not to be construed as investment advice. TheNewsCrypto team encourages everyone to do their own research before investing.

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