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The Sandbox Price Prediction: Will SAND Continue Uptrend?

  • The SAND price formed a head and shoulder pattern over the monthly chart.
  • The Sandbox prices have been in a clear uptrend since mid-October.
Current Price – $0.5000(-2.19%)Sentiment – Bearish
Max Supply – 3.00 BillionFear & Greed Index – 65 (Greed)
Volatility – 9.30% (High)Green Days – 16/30 (53%)
RSI – 58 (Neutral)200–Day EMA – $0.4243(Buy)

Based on recent data, The Sandbox holds a market capitalization of $1.0 Billion, while the circulating supply is 2.1 Billion SAND.

What is The Sandbox (SAND)?

The Sandbox is a multiplayer metaverse where players can create, monetise, and participate in blockchain-based gaming. The game designers can create custom 3D NFTs used across the network. The Sandbox (SAND) was launched in 2011 by Pixowl as a blockchain-based virtual world game. 

The Sandbox uses SAND, an Ethereum token to enable transactions on the platform. Its users can use SAND utility tokens to buy and sell NFTs and other in-game items.

SAND Price Prediction for 2024, 2025, 2026, 2027, 2028, 2029, and 2030

Year Year LowYear High
2024$0.422237$1.114391
2025$0.943377$3.80
2026$1.049297$1.738279
2027$1.101166$2.73
2028$2.37$2.68
2029$2.56$4.82
2030$2.72$3.45

All the prediction data is based on the price performance algorithm of The Sandbox.

SAND Price Prediction 2025

BINANCE: SAND/USDT Monthly Timeframe Chart By TradingView

The SAND price formed a head and shoulder pattern over the monthly chart, suggesting that the price could fall after a minor pullback. The recent three candlesticks formed three white shoulder patterns while the wick of the candles are long, reflecting resistance from the sellers.

Based on our SAND price analysis, the price could increase by 660% and reach $3.80 on the higher end and  $0.943377 on the lower end, by 2025. These predictions can be changed as per SAND’s future price action.

SAND Price Prediction 2030

As per the price algorithm and previous price data, the SAND price could gain 590% and reach up to $3.45 on the higher end and $2.72 on the lower end by 2030.

Technical Outlook of SAND Over Daily Timeframe

BINANCE: SAND/USDT Daily Timeframe Chart By TradingView

The Sandbox prices have been in a clear uptrend since mid-October. The price is taking support at the trendline and during the past three days, bearish candles have been forming. 

If the SAND price breaks down below the trendline, then the price could fall. The crypto price action suggests that the price could rise after taking support at the trendline.

SAND registered an intraday trading volume of $155.8 Million. That reflects a decrease of approximately 26.89% since the previous session, demonstrating that sellers are exerting upward pressure in the market. 

The SAND price is at $0.5000, with an intraday loss of 2.19%. However, the SAND price pumped by 9.4% over the past seven days, highlighting bullish dominance in the market.

Testimony of Technical Indicators

BINANCE: SAND/USDT Daily Timeframe Chart By TradingView
Indicator( Occilators/Moving Averages)ValuePrediction
Relative Strength Index58.28Neutral
Chaikin Money Flow0.27Buy
Average Directional Index18.4879Neutral
MACD (12, 26)0.0306Buy
Bull Bear Power0.0221Neutral
Stochastic %K (14, 3, 3)54.1016Neutral
20-Day EMA0.4529Buy
50-Day EMA0.4202Buy
100-Day EMA0.3949Buy
200-Day EMA0.4243Buy
Volume Weighted Moving Average (20)0.4714Buy

SAND Price Prediction for Tomorrow and Next Week

DatePriceChange
December 14$0.4852300.00%
December 15$0.5130635.74%
December 16$0.5193957.04%
December 17$0.4930231.61%
December 18$0.450058-7.25%
December 19$0.462652-4.65%
December 20$0.5043893.95%

The predicted price data is based on The Sandbox’s monthly and weekly performance.

The Sandbox Price Prediction FAQs

What is SAND’s Price Today?

Based on the SAND prediction chart, the price of SAND decreased by 2.19% and reached $0.5000 by December 13, 2023. 

What is the all-time high of SAND?

The SAND token has an all-time high price of $8.44, and the current price is 94.25% below the record-high price.

What is the Intraday Trading Volume of SAND?

The crypto has an intraday trading volume of $155.8 Million with an increase of 26.89% in today’s session.

Will SAND Reach $10?

The Sandbox would need to gain 1,913.44% to reach $10, which could be possible if bullishness continues in the upcoming sessions. As per the prediction, the highest estimated price is $33.18.

Will SAND Reach $100?

The Sandbox would need to gain 20,030.55% to reach $100 and the highest estimated price is $33.18, which is achievable by 2049.

Is SAND Token a Profitable Investment?

Over the last 30 days, The Sandbox had 16 green days out of 30. Based on SAND’s historical data, it is currently not profitable to invest in The Sandbox. The current market sentiments for The Sandbox in 2023 are bearish.

Conclusion

The price of SAND has shown a clear uptrend since mid-October, and while the crypto market sentiment for The Sandbox in 2023 is currently bearish, there is potential for bullishness in the upcoming sessions. According to our price analysis, the price of SAND could reach $3.80 by 2025 and $3.45 by 2030. Overall, investing in SAND is currently not profitable based on historical data, but as with all cryptocurrencies, the future price action can change these predictions.

Technical Levels

LevelsValue(USD)
Support 2$0.3942
Support 1$0.4565
Price$0.5000
Resistance 1$0.5306
Resistance 2$0.5933
Disclaimer

Investing in stocks and other Initial Coin Offerings (“ICOs”) is especially volatile and speculative, and this article does not advise investing in cryptocurrencies, stocks, or other ICOs. Since everyone has their uniqueness, a certified professional should be continually consulted before making any economic decisions.

Nancy J. Allen: Nancy J. Allen is a crypto enthusiast and believes that cryptocurrencies inspire people to be their own banks and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning.