Дали цената на SAND наскоро ќе достигне 1.75 долари?

Тековната состојба на пазарот на песок (ПЕСОК).

Според CoinMarketCap, The Sandbox (SAND) is hovering over $0.7999 at the time of writing, with a total of 1,499,470,108 SAND in circulation. SAND has a 24-hour trading volume of $492,729,837, a 50.69% decrease. And during the past 24 hours, the price of SAND decreased by 8.83%. 

The most popular exchanges to trade The Sandbox (SAND) are Binance, OKX, ByBit, BingX, and BTCEX. Let’s continue with our SAND price research for 2023.

The Sandbox (SAND) Price Analysis 2023

By market capitalization, SAND ranks 44th on CoinMarketCap’s list of the biggest cryptocurrencies. Will The Sandbox’s most recent improvements, additions, and modifications help the SAND price rise? First, let’s focus on the charts in this article’s SAND price forecast.

The Sandbox (SAND) Price Analysis – Keltner Channel

When volatility bands are positioned on either side of an asset’s price, it is possible to determine a trend with the Keltner Channel. The Sandbox (SAND) price can be predicted using the Keltner Channel indications for SAND/USDT. The price is touching the first half of the channel, meaning people are accumulating SAND. For a better risk-free scenario, we should wait for a downturn or a better entry point to improve the reward-to-risk ratio.

The Sandbox (SAND) Price Analysis – Relative Strength Index

During uptrends, the RSI tends to remain more stable than during downtrends. It makes sense, considering that the RSI tracks gains and losses. The value of the 1-Day chart is 57.26, if more buyers are starting to accumulate SAND, we can expect SAND to reach another resistance level and higher in 2023.

The Sandbox (SAND) Price Analysis – Moving Average

Above is a 1-day The Sandbox (SAND) 200-day and 50-day Moving Averages (MAs) chart. Looking at the chart above, SAND is now running sideways for an extended period. The SAND 50-day MA is above the 200-day MA, indicating that the market is gaining bullish momentum.

However, the distance between the two moving averages is still narrow. But the candlesticks are slowly reversing back to 50-day MA, meaning that the price is heading for a pullback, but we need to consider that it’s still above 200-day MA. For an excellent risk-to-reward ratio, it is better to wait for a few reversal patterns for crypto investors. 

Предвидување на цените на Sandbox (SAND) за 2023 година

Looking at the daily chart of SAND/USDT, the SAND price was swinging from $0.7022 to $0.9108 within the past seven days. Bouncing back from the 200-MA, SAND finally broke out of the wedge and now trading above it. However, it cannot break its weak high and falls back to the previous trendline.

Meanwhile, our long-term SAND price prediction for 2023 is bullish if it cannot break the support level. We can expect SAND to reach above $1.5 this year.

The Sandbox (SAND) Price Prediction – Resistance and Support Levels

The chart above shows that the price of SAND has decreased in the past few months. It might be breaking its $0.9177 resistance 1 level, however, but retracing back to under it. 

If SAND cannot break the $0.9177 resistance 1 level, the bears may seize control and dethrone SAND to a downtrend stance. In simple terms, the price of SAND might fall to almost $0.5539, indicating a negative signal from the previous support level.

Предвидување на цените на Sandbox (SAND) за 2024 година

There will be a Bitcoin halving in 2024. Hence, we should expect a positive trend in the market due to user sentiments and the quest by investors to accumulate more of the coin. Since the Bitcoin trend affects the direction of trade of other cryptocurrencies, we could expect SAND to trade at a price not below $2 by the end of 2024.

Предвидување на цените на Sandbox (SAND) за 2025 година

We should expect the price of SAND to trade above its 2024 price due to the possibility of most cryptocurrencies breaking more psychological resistance levels due to the Bitcoin halving over the previous year. Hence, SAND could end 2025 by trading at around $3.

Предвидување на цените на Sandbox (SAND) за 2026 година

Since the maximum supply of SAND is approached by 2026, the bearish market that follows a SANDid bullish run impacts its previous price due to the entrance of more institutional investors to its platform. With this, the cost of SAND could break the usual trend and trade at $4.5 by the end of 2026.

Предвидување на цените на Sandbox (SAND) за 2027 година

Investors expect a bullish run next year, 2028, due to the Bitcoin halving. Hence, the price of SAND could consolidate the previous gains and even break more psychological resistance levels due to investors’ positive sentiment. Therefore, SAND could trade at $6.21 by the end of 2027. Also, SAND is likely to break its ATH value.

Предвидување на цените на Sandbox (SAND) за 2028 година

In 2028, there will be a Bitcoin halving. Hence, the consolidating market in 2027 could be followed by a bullish run. This is due to the impact of news surrounding any year of Bitcoin halving. It is, therefore, possible that the market could attain higher high values. The Sandbox (SAND) could hit $8 by the end of 2028. 

Предвидување на цените на Sandbox (SAND) за 2029 година

By 2029, there could be much stability in the price of most cryptocurrencies that had stayed for over a decade. This is due to implementing lessons learned to ensure their investors retain the project’s confidence. This impact, coupled with the price surge that follows a year after the Bitcoin halving, could surge the price of SAND to $10.9 by the end of 2029. 

Предвидување на цените на Sandbox (SAND) за 2030 година

The cryptocurrency market experienced high stability due to the holding activities of early investors so as not to lose future gains in the price of their assets. We could expect the price of The Sandbox (SAND) to trade at around $14.25 by the end of 2030, irrespective of the previously bearish market that followed a market surge in the earlier years.

Предвидување на цените на Sandbox (SAND) за 2040 година

According to our long-term The Sandbox price estimate, SAND prices could reach a new all-time high this year. If the current growth rate continues, we could anticipate an average price of $34.2004 by 2040. If the market becomes bullish, the price of SAND may increase beyond our 2040 forecast.

Предвидување на цените на Sandbox (SAND) за 2050 година

According to our SAND forecast, the average price of The Sandbox in 2050 might be above $75. If more investors are drawn to SAND between these years, the price of SAND in 2050 could be far higher than our projection.

Заклучок

SAND might reach $1.5 in 2023 and $14 by 2030 if investors decide that it is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

Често поставувани прашања

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