SAND is the native cryptocurrency of The Sandbox, a blockchain-based metaverse platform that allows users to create digital assets, design games, and interact in a virtual environment. It is built on the Ethereum network and plays a key role within the ecosystem.
SAND Price Analysis: Will the Uptrend Continue?
For SAND to maintain its upward momentum in the short term, it needs to hold above the 0.7972 level. If this support level is breached, the price could potentially continue its rise to the upper grey box area.
However, if a rejection occurs at the 0.7972 level, the price is likely to fill the Fair Value Gap (FVG) in the red zone. A downward break of this red zone could lead the price to the grey box area below, which will serve as the next support level.
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