The Sandbox (SAND) breaks above $6 as it builds extraordinary bullish momentum – Buy it now!

The Sandbox (SAND) breaks above $6 as it builds extraordinary bullish momentum – Buy it now!
фото показано с : coinjournal.net

2021-12-25 22:50

The Sandbox (SAND) is currently one of the big gainers in intraday trading today. The token is up 22% and has surged beyond $6. It also seems like an extraordinary bullish momentum is starting to gather steam. SAND could be in for an incredible ride with both technical and fundamental analysis looking very positive. Here is what we know:

The recent rally was largely triggered by news that PwC Hong Kong was pouring significant capital on SAND

The Sandbox is also working to attract new users with the launch of its Alpha Season 2 experience

If the coin sustains gains above its $6.2 overhead resistance, a bullish uptrend will be coming soon

Data Source: Tradingview.com

The Sandbox (SAND) – price action and analysis

The PwC Hong Kong news was obviously huge. In fact, as soon as it was announced, SAND surged 8% almost instantly. The coin has since pushed those gains even further to nearly 22%. With momentum now well in force, we are likely to see even more gains in the coming days. 

Also, SAND has surged slightly above its $6.2 overhead resistance. Analysts feel that if indeed bulls can sustain these recent gains above this level, then we are likely to see significant price consolidation around $6.2 or thereabout. This would also set SAND up for a bullish breakout that could take it closer to $10 in no time.

Should you buy the Sandbox (SAND)?

The overwhelming answer here is yes, and there are good reasons. First, we think SAND is grossly undervalued. There is so much upside here, especially as interest in Metaverse-related projects heats up.

Also, the moment institutional capital starts to flow into an asset, that’s when you buy. It means so much value is about to be unlocked on SAND, and you can’t afford to miss that ride.

The post The Sandbox (SAND) breaks above $6 as it builds extraordinary bullish momentum – Buy it now! appeared first on Coin Journal.

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The Sandbox (SAND) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.3972
Капитализация $0 Rank 99999
Цена в час новости $ 5.9528 (-100%)

sandbox sand bullish extraordinary buy momentum builds

sandbox sand → Результатов: 52


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The Sandbox is one of crypto’s metaverse first-movers, but its epic decline during the 2022 bear market has left some investors dismayed. Are you wondering what’s in store for this leading metaverse token? Below, you’ll find a The Sandbox price forecast for 2023 and learn about Metacade – a project that many have predicted could […] The post The Sandbox (SAND) Price Forecast – Why Metacade (MCADE) Will Outperform SAND in 2023 appeared first on CoinJournal.

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Игровая блокчейн-платформа The Sandbox проведет токенсейл на Binance Launchpad

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