The Sandbox (SAND) Sets Sights On 1,111% Growth Amid Crypto Market Pressures
2024年9月16日 - 6:00PM
NEWSBTC
The Sandbox (SAND) has lately attracted interest with opposing
opinions on its potential price movement. Although some analysts
believe there is room for large increases, short-term data point to
a more wary stance. Though long-term estimates show a different,
more hopeful picture, recent studies hint to a likely price decline
in the next weeks. What then is the actual SAND story, and should
investors act right now or hold off? Related Reading: FET: 30%
Breakthrough Draws Investor Attention As New Developments Roll Out
Crypto price prediction website CoinCodex says, by mid-October
2024, the total value of The Sandbox should have gone down by 5.45%
to $0.232674. Technical indicators are rather unfavorable. If
indeed, as it’s turned out today, The Fear & Greed Index is
neutral at 51, then there is definitely no sigh of quick recovery
in sight either. SAND has 63% of the green days over the last
month; however, its volatility rate is 6.27%, which speaks for
continuous instability. Transient Issues Short term, SAND does not
look amazing. The technical perspective of things so far is a bit
conservative, meaning that now may not be the best time to buy.
While SAND has recently been able to display resilience with a
decent number of green days, the overall vibe is trending down.
Waiting for more favorable conditions could be a preferable plan
for people trying to make rapid profits. Some investors are hanging
on despite the great volatility, thinking the market would shortly
flip. Nothing new about volatility in cryptocurrencies; The Sandbox
has seen such storms previously. This does not mean, though, SAND
is impervious to more declines. Should the price projection be
accurate, a slide to $0.232674 could attract more short-term market
activity. Long-Term Positive Outcomes Unlike the gloomy short-term
projection, some analysts—like Alan Santana—are showing a more
optimistic long-term stance. Santana speculates that SAND might be
in a critical accumulation phase with great upside possibility. He
claims that although recent volatility has caused fluctuations, the
coin has regularly reached lower lows since July 2021, pointing an
overall increasing trend. Moreover, he thinks that this would be a
great opportunity for long-term investors to build SAND at the
present low price. #Altcoins ✴️ The Sandbox 1,111% Growth Potential
(Accumulation Strategy) While we are going to be looking at the
log. chart for The Sandbox, when we look at the linear chart we can
simply say that this pair is trading at bottom
prices.https://t.co/sx1l4xkU6a A simple… pic.twitter.com/GWEu2qSxkC
— Alan Santana (@lamatrades1111) September 14, 2024 Santana has
lofty long-term SAND projection. From its present price, he
projects a price goal of $22.22, which offers a whopping 8,600%
return on investment. Apart from this long-term objective, one has
to take short-term figure into account. Santana projects a 415%
rise not too far off, then a mid-term target of 1,111%. Investors
could make significant gains even before the long-term goal is met.
Related Reading: Toncoin (TON) Climbs 20% – Here’s What’s Pushing
The Price Up Market Change To Bullish? The whole cryptocurrency
sector fought to start a bull run in 2023. SAND, like several
cryptocurrencies, fell to their lowest levels in recent months.
Some observers believe the market is gradually turning bullish. If
this changes, The Sandbox may benefit from a market resurgence. The
Sandbox is currently showing $0.2532 and declining some 0.27% over
the past day. Long-term promise is here–even so with a few
short-term hazards–because there are some unfavorable warnings at
the moment that investors will have to weigh against the more
hopeful view for 2025 and going forward. Featured image from
Phemex, chart from TradingView
Sandbox (COIN:SANDUSD)
過去 株価チャート
から 9 2024 まで 10 2024
Sandbox (COIN:SANDUSD)
過去 株価チャート
から 10 2023 まで 10 2024