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The Sandbox (SAND) Price Prediction 2024, 2025, 2026-2030

The Sandbox (SAND) Price Prediction 2024, 2025, 2026-2030

  • Bullish SAND price prediction for 2024 is $0.6947 to $1.0937.
  • The Sandbox (SAND) price might reach $2 soon.
  • Bearish SAND price prediction for 2024 is $0.2783.

In this The Sandbox (SAND) price prediction 2024, 2025-2030,  we will analyze the price patterns of SAND by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency

TABLE OF CONTENTS
INTRODUCTION
  • The Sandbox (SAND) Current Market Status
  • What is The Sandbox (SAND)?
  • The Sandbox (SAND) 24H Technicals
THE SANDBOX (SAND) PRICE PREDICTION 2024
  • The Sandbox (SAND) Support and Resistance Levels
  • The Sandbox (SAND) Price Prediction 2024 RVOL, MA, and RSI
  • The Sandbox (SAND) Price Prediction 2024 ADX, RVI
  • Comparison of SAND with BTC, ETH
THE SANDBOX (SAND) PRICE PREDICTION 2025, 2026-2030
CONCLUSION
FAQ

The SandBox (SAND) Current Market Status

Current Price$0.6871
24 Hour Price Change4.01% Up
24 Hour Trading Volume$360,933,523
Market Cap$1,546,280,385
Circulating Supply2,251,731,926 SAND
All Time High$8.44 (On Nov 25, 2021)  
All Time Low$0.02894 (On Nov 04, 2020)  
SAND Current Market Status (Source: CoinMarketCap)

What is The Sandbox (SAND)

TICKERSAND
BLOCKCHAINEthereum
CATEGORYERC-20 Token
LAUNCHED ON2011
UTILITIESGovernance, Fast Transactions, gas fees & rewards

The SandBox (SAND) is one of the popular play-to-earn (P2E) gaming tokens in the metaverse arena. The SandBox is a blockchain-based 3D metaverse game and SAND is its native token. SAND was launched as an ERC-20 token in 2011.

SAND has a wide range of use cases within The SandBox game. Primarily, SAND serves as the entry pass for users to enter the game and facilitates transactions on the platform. Later on, they can use the token to customize their game avatars and buy LAND on the metaverse. Moreover, it is also deployed in trading in-game assets on The Sandbox marketplace. It grants voting rights to its holders through its native DAO. Users can also stake SAND tokens to earn rewards.

The SandBox continues to aid the process of decentralizing mainstream gaming. Major real-world entities have become setting their foot into The SandBox metaverse.

The Sandbox 24H Technicals

(Source: TradingView)

The Sandbox (SAND) Price Prediction 2024

The Sandbox (SAND) ranks 62nd on CoinMarketCap in terms of its market capitalization. The overview of the The Sandbox price prediction for 2024 is explained below with a daily time frame.

SAND/USDT Rounding Bottom Pattern (Source: TradingView)

In the above chart, The Sandbox (SAND) laid out a Descending Channel. Descending Channel also known as the falling channel. A descending channel is formed by two parallel trendlines. The upper trendline, which joins the highs, and the lower trendline, which joins the lows, run parallelly downwards. This pattern is characteristic of a bearish market.

At the time of analysis, the price of The Sandbox (SAND) was recorded at $0.6871. If the pattern trend continues, then the price of SAND might reach the resistance levels of $0.7920, and $2.0851 If the trend reverses, then the price of SAND may fall to the support of $0.4207, and $0.2735.

The Sandbox (SAND) Resistance and Support Levels

The chart given below elucidates the possible resistance and support levels of The Sandbox (SAND) in 2024.

SAND/USDT Resistance and Support Levels (Source: TradingView)

From the above chart, we can analyze and identify the following as resistance and support levels of The Sandbox (SAND) for 2024.

Resistance Level 1$0.6947
Resistance Level 2$1.0937
Support Level 1$0.4267
Support Level 2$0.2783

SAND Resistance & Support Levels

The Sandbox (SAND) Price Prediction 2024 RVOL, MA, and RSI

The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Bitcoin (SAND) are shown in the chart below.

SAND/USDT RVOL, MA, RSI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the current The Sandbox (SAND) market in 2024.

INDICATORPURPOSEREADINGINFERENCE
50-Day Moving Average (50MA)Nature of the current trend by comparing the average price over 50 days50 MA = $0.4903Price = $0.6576
(50MA< Price)
Bullish/Uptrend
Relative Strength Index (RSI)Magnitude of price change;Analyzing oversold & overbought conditions78.4893
<30 = Oversold
50-70 = Neutral>70 = Overbought
Overbought
Relative Volume (RVOL)Assets trading volume in relation to its recent average volumesBelow cutoff lineWeak volume

The Sandbox (SAND) Price Prediction 2024 ADX, RVI

In the below chart, we analyze the strength and volatility of The Sandbox (SAND) using the following technical analysis indicators Average Directional Index (ADX) and Relative Volatility Index (RVI).

SAND/USDT ADX, RVI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the price momentum of The Sandbox (SAND).

INDICATORPURPOSEREADINGINFERENCE
Average Directional Index (ADX)Strength of the trend momentum22.2418Weak Trend
Relative Volatility Index (RVI)Volatility over a specific period55.07

<50 = Low
>50 = High
High volatility

Comparison of SAND with BTC, ETH

Let us now compare the price movements of The Sandbox (SAND) with that of Bitcoin (BTC), and Ethereum (ETH).

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

From the above chart, we can interpret that the price action of SAND is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of SAND also increases or decreases respectively.

The Sandbox (SAND) Price Prediction 2025, 2026 2030

With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of The Sandbox (SAND) between 2025, 2026, 2027, 2028, 2029, and 2030.

Year Bullish Price Bearish Price
The Sandbox (SAND) Price Prediction 2025$2.5$0.25
The Sandbox (SAND) Price Prediction 2026$3$0.2
The Sandbox (SAND) Price Prediction 2027$3.4$0.1
The Sandbox (SAND) Price Prediction 2028$4.5$0.09
The Sandbox (SAND) Price Prediction 2029$5.7$0.08
The Sandbox (SAND) Price Prediction 2030$6.2$0.07

Conclusion

If The Sandbox (SAND) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish The Sandbox (SAND) price prediction for 2024 is $1.0934. Comparatively, if unfavorable sentiment is triggered, the bearish The Sandbox (SAND) price prediction for 2024 is $0.2783. 

If the market momentum and investors sentiment positively elevate, then The Sandbox (SAND) might hit $2. Furthermore, with future upgrades and advancements in the The Sandbox ecosystem, SAND might surpass its current all-time high (ATH) of $8.44. and mark its new ATH. 

FAQ

1. What is The Sandbox (SAND)?

The SandBox (SAND) is a play-to-earn (P2E) gaming token native to The SandBox, a 3D metaverse game. It was launched as an ERC-20 token in 2011.

2. Where can you purchase The Sandbox (SAND)?

The Sandbox (SAND) has been listed on many crypto exchanges which include Binance, BTCEX,  OKX, Bitrue, WhiteBIT, and CoinTiger.

3. Will The Sandbox (SAND) reach a new ATH soon?

With the ongoing developments and upgrades within the The Sandbox Platform, SAND has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of The Sandbox (SAND)?

On Nov 25, 2021, The Sandbox (SAND) reached its new all-time high (ATH) of $8.44.

5. What is the lowest price of The Sandbox (SAND)?

According to CoinMarketCap, SAND hit its all-time low (ATL) of $0.02894, On Nov 04, 2020.

6. Will The Sandbox (SAND) reach $2?

If The Sandbox (SAND) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $2 soon.

7. What will be The Sandbox (SAND) price by 2025?

The Sandbox (SAND) price is expected to reach $2.5 by 2025.

8. What will be The Sandbox (SAND) price by 2026?

The Sandbox (SAND) price is expected to reach $3 by 2026.

9. What will be The Sandbox (SAND) price by 2027?

The Sandbox (SAND) price is expected to reach $3.4 by 2027.

10. What will be The Sandbox (SAND) price by 2028?

The Sandbox (SAND) price is expected to reach $4.5 by 2028.  


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Disclaimer: The opinion expressed in this chart is solely the authors. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

Read more: https://thenewscrypto.com/the-sandbox-sand-price-prediction/

Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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