The Sandbox Price Prediction – SAND Price Estimated to Drop to $ 0.716457 By Feb 26, 2023
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
- The Sandbox is down -6.47% today against the US Dollar
- SAND/BTC decreased by -5.53% today
- SAND/ETH decreased by -4.16% today
- The Sandbox is currently trading 10.48% above our prediction on Feb 26, 2023
- The Sandbox dropped -0.84% in the last month and is down -75.84% since 1 year ago
| The Sandbox price | $ 0.791565 |
| The Sandbox prediction | $ 0.716457 (-9.49%) |
| Sentiment | Neutral |
| Fear & Greed index | 60 (Greed) |
| Key support levels | $ 0.764674, $ 0.699811, $ 0.640134 |
| Key resistance levels | $ 0.889213, $ 0.948891, $ 1.01 |
SAND price is expected to drop by -9.49% in the next 5 days according to our The Sandbox price prediction
The Sandbox price today is trading at $ 0.791565 after losing -6.47% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -4.07% in the same time period. SAND performed poorly against BTC today and recorded a -5.53% loss against the world’s largest cryptocurrency.
According to our The Sandbox price prediction, SAND is expected to reach a price of $ 0.716457 by Feb 26, 2023. This would represent a -9.49% price decrease for SAND in the next 5 days.
SAND Price Prediction Chart
What has been going on with The Sandbox in the last 30 days
The Sandbox has been displaying a negative trend recently, as the coin lost -0.84% in the last 30-days. The medium-term trend for The Sandbox has been bullish, with SAND increasing by 40.11% in the last 3 months. The long-term picture for The Sandbox has been negative, as SAND is currently displaying a -75.84% 1-year price change. On this day last year, SAND was trading at $ 3.28.
The Sandbox reached its all-time high price on Nov 25, 2021, when the price of SAND peaked at $ 8.42. The current SAND cycle high is $ 8.42, while the cycle low is at $ 0.375880. SAND has been displaying low volatility recently – the 1-month volatility of the coin is at 5.16. The Sandbox recorded 18 green days in the last 30 days.
The Sandbox technical analysis for today - Feb 21, 2023
The sentiment in the The Sandbox markets is currently Neutral, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 0.764674, $ 0.699811 and $ 0.640134, while $ 0.889213, $ 0.948891 and $ 1.01 are the key resistance levels.
Neutral sentiment for The Sandbox
18 indicators are currently signaling a bullish prediction for The Sandbox, while 11 indicators are showing a bearish forecast. With 62% of indicators favoring a positive prediction. This results in an overall Neutral sentiment for The Sandbox.
Crypto market is currently experiencing Greed
Currently, the Fear & Greed index is at 60 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
The Sandbox moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how The Sandbox is positioned in the market right now.
| Period | Daily Simple | Daily Exponential | Weekly Simple | Weekly Exponential |
| MA3 | $ 0.792384 (SELL) | $ 0.829536 (SELL) | - | - |
| MA5 | $ 0.771457 (BUY) | $ 0.799289 (SELL) | - | - |
| MA10 | $ 0.746830 (BUY) | $ 0.770780 (BUY) | - | - |
| MA21 | $ 0.757868 (BUY) | $ 0.754467 (BUY) | $ 0.665478 (BUY) | $ 0.734468 (BUY) |
| MA50 | $ 0.685530 (BUY) | $ 0.705131 (BUY) | $ 1.23 (SELL) | $ 1.11 (SELL) |
| MA100 | $ 0.606702 (BUY) | $ 0.693012 (BUY) | $ 1.60 (SELL) | $ 1.33 (SELL) |
| MA200 | $ 0.763630 (BUY) | $ 0.865976 (SELL) | - | - |
| Period | Value | Action |
| RSI (14) | 59.26 | NEUTRAL |
| Stoch RSI (14) | 52.96 | NEUTRAL |
| Stochastic Fast (14) | 45.41 | NEUTRAL |
| Commodity Channel Index (20) | 66.67 | NEUTRAL |
| Average Directional Index (14) | 33.99 | BUY |
| Awesome Oscillator (5, 34) | 0.01 | BUY |
| Momentum (10) | 0.05 | BUY |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -54.59 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 52.29 | NEUTRAL |
| VWMA (10) | 0.74 | BUY |
| Hull Moving Average (9) | 0.76 | BUY |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.80 | NEUTRAL |
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for The Sandbox is at 59.26, suggesting that SAND is currently neutral.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of The Sandbox over the last 50 days. Currently, The Sandbox is trading below the SMA 50 trendline, which is a bearish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the SAND closing price for the last 200 days. SAND is now trading above the SMA 200, signaling that the market is currently bullish.
The bottom line about this The Sandbox prediction
After considering the above factors, we can conclude that the current forecast for The Sandbox price prediction is Neutral. SAND would have to decrease by -9.49% to hit our $ 0.716457 target within the next five days. Moving forward, it will be important to monitor the SAND market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term The Sandbox price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
