Crypto

The SandBox (SAND) Price Prediction 2023 — Will SAND Hit $2 Soon?

The SandBox (SAND) Price Prediction 2022 — Will SAND Hit $4 Soon?
Written by George Isla
  • Bullish SAND worth prediction for 2023 is $0.6356 to $1.4200.
  • The SandBox (SAND) worth may additionally attain $2 quickly.
  • Bearish SAND worth prediction for 2023 is $0.4073.

In The SandBox (SAND) worth prediction 2023, we use statistics, worth patterns, RSI, RVOL, and different details about SAND to research the longer term motion of the cryptocurrency. 

The SandBox (SAND) Present Market Standing

Present Value $0.404
24 – hour buying and selling quantity $89,650,097
24 – hour worth change 2.32% down
Circulating provide 1,499,470,108
All – Time Excessive $8.40 (On November 25, 2021) 

SAND Present Market Standing (supply: CoinGecko)

What’s The SandBox (SAND)?

The SandBox (SAND) is without doubt one of the fashionable play-to-earn (P2E) gaming tokens within the metaverse enviornment. The SandBox is a blockchain-based 3D metaverse recreation and SAND is its native token. SAND was launched as an ERC-20 token in 2011.

SAND has a variety of use instances inside The SandBox recreation. Primarily, SAND serves because the entry cross for customers to enter the sport and facilitates transactions on the platform. In a while, they will use the token to customise their recreation avatars and purchase LAND on the metaverse. Furthermore, additionally it is deployed in buying and selling in-game property on The Sandbox market. It grants voting rights to its holders by means of its native DAO. Customers may stake SAND tokens to earn rewards.

The SandBox continues to assist the method of decentralizing mainstream gaming. Main real-world entities have develop into setting their foot into The SandBox metaverse.

The SandBox (SAND) Value Prediction 2023

The SandBox (SAND) holds the 54th place on CoinGecko proper now. SAND worth prediction 2023 is defined beneath with a each day time-frame.

SAND/USDT Horizontal Channel Sample (Supply: Tradingview)

The above chart of The Sandbox (SAND) laid out a horizontal channel sample. Horizontal channel sample, also called the sideways pattern. With a view to point out how the value is constrained between the higher line of resistance and decrease line of help, horizontal channels are pattern strains that be part of changeable worth highs and lows.

Presently, The SandBox (SAND) is within the vary of $0.510. If the sample continues, the value of SAND may attain the resistance ranges of  $0.5442 and $0.7963. If the pattern reverses, then the value of SAND could fall to $0.3774.

The SandBox (SAND) Assist and Resistance Ranges

The chart beneath reveals the help and resistance ranges of The SandBox (SAND).

SAND/USDT Assist and Resistance Ranges (Supply: Tradingview))

From the above each day time-frame, we will clearly interpret the next because the resistance and help ranges for The SandBox (SAND). 

Resistance Stage 1 $0.6356
Resistance Stage 2 $0.9290
Resistance Stage 3 $1.4200
Assist Stage $0.4073
SAND/USDT Assist and Resistance Ranges

The charts present that The SandBox (SAND) has carried out a bullish pattern over the previous month. If this pattern continues, SAND may run together with the bulls overtaking its resistance stage at $1.4200.

Accordingly, if the traders flip towards crypto, the value of The SandBox (SAND) may plummet to nearly $0.4073, a bearish sign.

The SandBox (SAND) Value Prediction 2023 — RVOL, MA, and RSI

The Relative Quantity (RVOL) of The SandBox (SAND) is proven within the chart beneath. It’s an indicator of how the present buying and selling quantity has modified over a time period from the earlier buying and selling quantity. Presently, the RVOL of SAND lies beneath the cutoff line, indicating weak individuals within the present pattern.

Additionally, the Transferring Common (MA) of The SandBox (SAND) is proven within the chart above. Notably,  The SandBox (SAND) worth lies on 50 MA (short-term), so it’s an uptrend. Presently, SAND has entered a bearish state. Due to this fact, there’s a chance of a reversal pattern of SAND at any time.

In the meantime, the relative power index (RSI) of the SAND is 63.12. Which means that The SandBox (SAND) is in an overbought state. Nevertheless, this implies a significant worth reversal of SAND could happen within the upcoming days. So, merchants have to commerce fastidiously. 

The SandBox (SAND) Value Prediction 2023 — ADX, RVI

Allow us to now have a look at the Common Directional Index (ADX) of The SandBox (SAND). It helps to measure the general power of the pattern. The indicator is the typical of the increasing worth vary values. This method makes an attempt to measure the power of worth motion within the optimistic and detrimental instructions utilizing DMI indicators with ADX.

The above chart represents the ADX of The SandBox (SAND). Presently, the ADX of SAND lies within the vary of 37.9850 and thus, it signifies a powerful pattern. 

The above chart additionally represents the Relative Volatility Index (RVI) of The SandBox (SAND). RVI measures the fixed deviation of worth modifications over a time period. The RVI of SAND lies above 50, indicating excessive volatility. In actual fact, the RSI of The SandBox (SAND) is at 63.12 thus confirming a possible purchase sign.

Comparability of SAND with BTC, ETH

The beneath chart reveals the value comparability between Bitcoin (BTC), Ethereum (ETH), and  The SandBox (SAND).

BTC Vs ETH Vs SAND  Value Comparability (Supply: Tradingview)

From the above chart, we will interpret that the value modifications of ETH and SAND are shifting in the same pattern. This means that when the value of ETH will increase or decreases, the value of SAND additionally will increase or decreases respectively.

The SandBox (SAND) Value Prediction 2024-2030

Quite a few elements are taken under consideration when forecasting costs together with quantity modifications, worth variations, market cycles, and related cash. Let’s predict the value of The SandBox (SAND) between 2024 and 2030.

The SandBox (SAND) Value Prediction 2024

With a number of upgrades within the community, The SandBox (SAND) may enter a bullish trajectory. If the coin grabs the eye of main traders, SAND may rally to hit $7 by 2024. 

The SandBox (SAND) Value Prediction 2025

If The SandBox (SAND) sustains main resistance ranges and continues to be acknowledged as a greater funding possibility amongst traders for the subsequent 3 years, SAND would rally to hit $9

The SandBox (SAND) Value Prediction 2026

If The SandBox (SAND) sustains main resistance ranges and continues to be acknowledged as a greater funding possibility amongst traders for the subsequent 4 years, SAND would rally to hit $10

The SandBox (SAND) Value Prediction 2027

If The SandBox (SAND) sustains main resistance ranges and continues to be acknowledged as a greater funding possibility amongst traders for the subsequent 5 years, SAND would rally to hit $12

The SandBox (SAND) Value Prediction 2028

The SandBox (SAND) holds up a powerful stance as a greater funding possibility for the subsequent 6 years amid the developments within the highly-volatile crypto market. By driving important worth rallies, SAND would hit $15 in 2028.

The SandBox (SAND) Value Prediction 2029

If traders flock in and proceed to put their bets on The SandBox (SAND), it could witness main spikes. SAND may hit $17 by 2029.

The SandBox (SAND) Value Prediction 2030

With better developments in The SandBox ecosystem, the crypto group may proceed to put money into SAND for the subsequent 8 years and drive important worth rallies for the token. Therefore, The SandBox (SAND) may hit $20 by 2030.

Conclusion

With steady enhancements in The SandBox community, we will say that 2023 is an effective yr for SAND. Because of this, the bullish worth prediction of The SandBox (SAND) in 2023 is $1.4200. However, the bearish worth prediction of The SandBox (SAND) worth prediction for 2023 is $0.4073.

Moreover, with the developments and upgrades to The SandBox ecosystem, the efficiency of SAND would assist to achieve above its present all-time excessive (ATH) of $8.40 very quickly. However, it may additionally attain $2 if the traders imagine that SAND is an effective funding in 2023.

FAQ

1. What’s The SandBox (SAND)?

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

2. The place can you buy The SandBox (SAND)?

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

3. Will The SandBox (SAND) attain a brand new ATH quickly?

With the continuing developments and upgrades inside The SandBox platform, SAND has a excessive chance of reaching its ATH quickly.

4.  What’s the present all-time excessive (ATH) of The SandBox (SAND)?

On November 25, 2021 The SandBox (SAND) reached its new all-time excessive (ATH) of  $8.40.

5. Is The SandBox (SAND) a great funding in 2023?

The SandBox (SAND) appears to be one of many top-gaining cryptocurrencies this yr. Based on the recorded achievements of The SandBox up to now few months, SAND is taken into account a great funding in 2023.

6. Can The SandBox (SAND) attain $2?

The SandBox (SAND) is without doubt one of the energetic cryptos that continues to keep up its bullish state. Finally, if this bullish pattern continues then The SandBox (SAND) will hit $2 quickly.

7. What will likely be The SandBox (SAND) worth by 2024?

The Sandbox (SAND) worth is anticipated to achieve $7 by 2024.

8. What will likely be The SandBox (SAND) worth by 2025?

The Sandbox (SAND) worth is anticipated to achieve $9 by 2025.

9. What would be the SandBox (SAND) worth by 2026?

The Sandbox (SAND) worth is anticipated to achieve $910 by 2026.

10. What will likely be The SandBox (SAND) worth by 2027?

The Sandbox (SAND) worth is anticipated to achieve $12 by 2027.

Disclaimer: The opinion expressed on this chart is solely the writer’s. It doesn’t interpret any funding recommendation. TheNewsCrypto workforce encourages all to do their very own analysis earlier than investing.

About the author

George Isla

My name is Georgia Isla, I have been blogging for the past 8 years and am well-versed in content writing and SEO. I am very passionate about writing content on my site.

For any contact, you can email us at Admin@phoosi.com

Leave a Comment

Trustpilot