The Sandbox Price Prediction 2021 – Will SAND Hit $1 Soon?


The SAND price prediction for the end of 2021 is $1.00 USD. This is a long-term price prediction that can be seen in the table below.

The sandbox price prediction 2025 is a blog post that predicts the price of SAND in 2021. It looks like the growth will be exponential and it might hit $1 soon.

  • The range of bullish SAND price predictions is $0.49 to $0.55.
  • The price of SAND may soon exceed $0.92.
  • For 2021, the SAND pessimistic market price forecast is $0.32.

We utilize data, price trends, RSI, and other information about SAND to evaluate the cryptocurrency’s future movement in Sandbox (SAND) price forecast 2021. 

Pixowl introduced the Sandbox in 2011. The Sandbox, on the other hand, is a blockchain-related virtual environment that allows players to create, construct, purchase, and trade digital assets while playing a game. Furthermore, the Sandbox creates a decentralized environment for a flourishing gaming community by combining the capabilities of decentralized autonomous organizations (DAO) and non-fungible tokens (NFTs).

According to the official whitepaper, the Sandbox platform’s primary goal is to effectively integrate blockchain technology into popular gaming. The platform, on the other hand, focuses on enabling a creative play-to-earn paradigm that allows users to be both producers and gamers at the same time. Furthermore, the Sandbox makes use of blockchain technology by providing the SAND utility token, which enables platform transactions.

At the time of writing, the Sandbox (SAND) price is $0.48, with a 24-hour trading volume of $374,918,048, according to CoinMarketCap. SAND, on the other hand, has dropped 3.68 percent in the past 24 hours.

Furthermore, there are 702,992,326.22 SAND in circulation. SAND is currently traded on Binance, OKEx, CoinTiger, Huobi Global, and FTX, among other cryptocurrency exchanges.

Price Prediction for Sandbox (SAND) in 2021

Sandbox (SAND) is currently ranked 116th on CoinMarketCap. The price of SAND in 2021 is forecasted using a daily time period, as shown below.

Daily Time Frame SAND/USDT Price Chart (Source: TradingView)

A bullish pattern is a descending widening wedge. It is also supported by two bullish lines that diverge. More importantly, if there is excellent oscillation between the two rising lines, a falling widening wedge is confirmed/valid. The top line, on the other hand, is a resistance line, while the lower line is a support line.

If the bullish trend continues, the SAND may hit $0.92 on the daily time frame chart. Otherwise, if the SAND price breaks through the $0.55 resistance level, it will fall to the next support level at $0.32. As a result, the SAND’s trend is predicated on the breakout.

Support and Resistance Levels in the Sandbox (SAND)

The chart below depicts SAND’s support and resistance levels.

The Sandbox Price Prediction 2021 – Will SAND Hit $1 Soon?Support and Resistance Levels for SAND/USDT (Source: TradingView)

The resistance and support levels of SAND are clearly visible in the above daily time frames.

  • $0.54 is the first level of resistance.
  • Level 2 Resistance — $0.9
  • Level 1 Support – $0.34
  • Level 2 Support – $0.15

SAND has been on a bullish trend for the last month, according to the charts. If the current trend continues, SAND may catch up with the bulls and break over the $0.54 resistance mark.

In the event that investors turn against cryptocurrency, the price of SAND may drop to almost $0.34, indicating a negative warning.

Average Directional Index of the Sandbox (SAND) (ADX)

Let’s take a look at SAND’s average directional index (ADX). The Average Direction Index (ADX) is a tool that traders use to assess the strength of a trend rather than its direction. It may be used to see whether the market is shifting or if a new trend is beginning. It’s linked to the Directional Movement Index (DMI) and consists mostly of the ADX line. 

The oscillator has a range of 0 to 100. A strong trend is indicated by a high value, whereas a weak trend is shown by a low value. It is often used in conjunction with directional indicators. 

The ADX of SAND remains above the range of 30, indicating a horizontal trend, as seen in the chart above.

Conclusion

The SAND is one of the cryptos that has held its footing in the face of negative market conditions. Our long-term SAND price forecast for 2021 is also optimistic. This year, it has a good chance of surpassing its current all-time high (ATH) of $0.93. However, this will only happen if it overcomes a number of previous psychological barriers.

Furthermore, the SAND environment may have a bright future ahead of it in 2021, thanks to continuing improvements and enhancements. It may soon hit $0.54 and even higher levels, but it will only reach $1 if investors believe SAND is a smart investment in 2021.

Disclaimer: The views stated in this graph are entirely those of the author. It should not be construed as investment advice. Before investing, TheNewsCrypto staff advises everyone to conduct their own research.

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