The Sandbox (SAND), a leading platform in the virtual world, is in the spotlight today. We examine the price prediction for SAND with analysis from our premium environment.
For just 1 euro we offer access to our premium environment for the first 30 days, where members receive updates first and live streams are organized weekly. Remember: Our analysts’ insights are for guidance. They are not financial advisors.
Sandbox Technical Analysis (SAND)
SAND has seen a significant decline and Crypto Insiders analysts have found an interesting zone. They recently announced the following in the Premium environment:
“We see that SAND price is now facing key resistance in a zone we call the ‘golden pocket’. This area is between 50% and 61.8% of the Fibonacci level, between $0.466 and $0.478.
At the moment, SAND does not seem to want to move up any further immediately. We are now in the phase that resembles the fifth and final wave of a standard 5-wave pattern. This suggests that we have reached the end of this movement. We expect this latest wave to end in the blue zone between the 161.8% and 127.2% Fibonacci levels, a range between $0.36 and $0.40.
From this point on we expect a reversal and a return to an uptrend. Until then, we remain cautious and tend to be pessimistic.”
Good news for Dutch crypto traders
The new partnership between Bybit and SATOS, which has a license from the Dutch bank, gives Dutch traders access to 400 new cryptocurrencies. Bybit offers the largest range of cryptocurrencies in the Netherlands. Don’t have a Bybit account yet? Register using this link and receive 20 euros in crypto as a welcome gift.
Do you need help?
In our premium environment you will find our extensive trading plan with the latest updates. As a Premium Member, you enter a safe place where traders of all experience levels share knowledge. Ask experienced analysts and top traders about trading, market trends and crypto topics in a lively community. We also organize weekly live streams and webinars for traders who want to delve deeper into technical analysis.
Disclaimer: Investing involves risks. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts’ own insights and experiences. These therefore serve exclusively educational purposes.