SANDBOX ⌛🦜 Off to 1,7$ (or higher) 🏴☠️☠The Sandbox (SAND) metaverse token gains 40% after Snoop Dogg, Warner Music partnership.
SAND’s 40% rally follows a two-month-long correction that wiped out nearly 70% of the token’s market valuation. Instead, the altcoin logged a breakaway recovery as traders assessed its recent high-profile partnerships as a sign that the project has strong fundamentals.
Traders decided to increase their exposure to SAND after the Sandbox announced partnerships with American rapper Snoop Dogg and Warner Music, a major record label.
On Jan. 27, Snoop Dogg tweeted a teaser of what appeared to be his upcoming nonfungible token (NFT) collection, dubbed "the Snoop Avatars." The rapper further hinted that his avatars would come as a part of the Sandbox metaverse.
Later, that day, the Sandbox announced that it would create a music theme park and concert venue within its metaverse with the help of Warner Music. In doing so, the gaming project noted that the Warner Music artists would virtually engage with their fans and generate real revenues streams.
“We’re shaping The Sandbox as a fun entertainment destination where creators, fans and players can enjoy first-of-a-kind immersive experiences and be more closely connected to their favorite musical artists through NFTs," Sebastien Borget, chief operations officer and co-founder of The Sandbox, told Cointelegraph.
Naturally, the high-profile partnerships boosted the prospects for SAND to find more takers in the future. That is primarily because of the token's role as a primary asset inside the Sandbox metaverse — a medium of exchange, governance and staking. As a result, it fared better than most of its top-ranking crypto rivals on Jan. 27.
What's next for SAND?
The latest bout of buying appeared in line with a choppy recovery in the broader cryptocurrency sector that started on Jan. 24.
Between its nadir of Jan. 22 and Jan. 28's top, the crypto market added over $150 billion to its net valuation. SAND, which recovered alongside other assets, bottomed out at $2.56 then went on to rally over 40% in just four days.
Snoop Dog style,
the FXPROFESSOR
Sandusdt
SAND can give you a lot of Profit Right now!SAND is in a Cup and Handle Pattern which is Pretty Good Because This means the Price has a chance To increase Pretty Soon! This shows Us that Bulls Might be Coming Back ! You can see there has no Break out Occurred yet So we can not be So Sure about the Incoming Movement But It will Happen pretty soon. the expected movement is as much as the Length between the Top and the Bottom of the Cup (Measured price movement) and you know that the Price will be increasing as much as that Movement (AB=CD) if our prediction comes true, price will increase around 70% and will reach 2.21$ which is also a Decent Resistance.This chart and Info are Provided by our Sponsor WHITEBIT Exchange. Please Check their Exchange Using the link down below.
-SAND is in a Cup and Handle Pattern.
-No break out yet
-AB=CD
-2.21$ is a target and a Resistance
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Thank you for seeing idea .
Have a nice day and Good luck
SANDUSDT 1D Is it time to play in The Sandbox again?)During the strong fall of the crypto market in May-June 2022, the SANDUSDT price reached a liquidity level around $0.70
Around this level that the liquidity position was gathered in October 2021 before the upcoming 1100% upward pumping.
In June 2022, the rebound from the bottom was +84%, but the price of SANDUSD, despite two attempts, at this moment could not get a foothold in the upper part of the downtrend channel.
The message of this idea is simple: if you believe that game tokens still have a future in the crypto market, then The Sandbox is worth your attention. At least on the chart we see activity and the struggle of buyers and sellers.
Ideally, wait for the Sand price to fix above $1.10-1.20.
The first target from above is $2
Large positions will begin to sell off no faster than in the liquid zone of $2.50-3.50
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SANDBOX ⌛🦜 - 1ST TARGET REACHED 🏴☠️☠ OFF TO 1,4$SANDBOX destination back up higher. be careful though: 1.21 is resistance.
We had a nice entry which we took and we did well:
Let's go back up higher SANDBOX.
NEWS:
The Sandbox (SAND) price skyrocketed nearly 20% after the metaverse platform integrates with Coinbase Wallet and enabled LAND deployment on Polygon. The SAND price is currently trading at $1.15 on the back of the increasing trading volume and number of users.
The Sandbox (SAND) Price Soars Higher
The Sandbox (SAND) prices have jumped nearly 20% in the last 24 hours, making a high and low of $1.17 and $0.95, respectively. In the 7 days, SAND prices have increased by almost 6% indicating a rise in interest among investors. The next critical resistance is at $1.30, if the price sustains above $1.30 a bullish trend can be seen.
However, if it fails to break above the critical resistance level, the Sandbox price will move in the range between $1.13-$1.20 in the upcoming week.
One Love,
the FXPROFESSOR
Long-term #SANDUSD #SANDUSDT Analysis - MONTLYWith the recent events on cryptocurrency; I think we will start seeing less coins getting pumped and more of the solid coins getting attention. By solid, I mean coins that actually has a project and some kind of revenue coming in. Currently a lot of coins are back to prices of last year, if not, then lower. This makes it a great entry point for those that wanted to get in a few months ago, but thought prices were too high. Sand's (4th) wave count has retraced to the peak of wave (1) and bounced nicely. This is usually a good indication that the bottom is in. We don't normally enter wave 1 territory unless btc does something drastic. The market sentiment is still uncertain and people are fearful, which makes it a perfect op BINANCE:SANDUSDT FTX:SANDUSD portunity for institutional investors to start investing.
📈Should you buy SAND after such PUMP? Only after THIS!The SAND starts to PUMP after the good news about the project making +82%. I will explain to you next entry point which can give you at least +37%.
I marked ont the chart the growing volumes and sellers activity. At SAND peaks someone sold a lot of tockens and the columes confrimed it.
Now we have to see the liquidations volume to open a long trades. But why? This guys who bought at the top will be the fule for potential sall and when they will sell theit tockens it will be our time.
1. Draw the trendline and identify the squeeze.
2. Look for the huge liquidations at the volume. If you see the big volume after dump it will be additionall confirmation to you that retail traders will have been traped.
3. BTC should also rose with the alts. It will add additional strength to SAND.
Of course, if we return to the $0,81-0,88 value area a lot of traders with laverage will be liquidated and it`s a huge support area for the price. It means that price can easily bounce from this area.
The target for this movement is $1.29-1.34 value area (+34%).
If you still have a question write it down!
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
SAND/USDT Main trendThe chart shows the main trend. Timeframe 3 days. The main trend to understand in which zone in the secondary or local trend you are working.
Coin in the coin market: SAND
This is what this secondary trend looks like on a line chart.
I want to note that the price of excess profits has been in the main trend since the beginning of trading, the coin is quite fresh.
Therefore, if the work is long, then only "pull out" the price movement without the accumulation of large positions.
If the mirror level of the “wedge support” (gray zone) is broken, then a huge potential for short-term work opens up. But at the moment I'm working with a wedge.
Observe risk management in your work and this is very important - limit possible losses with the help of a stop loss, this is very important with such excess profits. But, don't be greedy, take into account the intraday volatility of the trading instrument. If it knocks out and the pump continues to work without you, it's okay.
The reversal zones and the main levels on which the development of the trend will depend, I showed on the chart. Explore ideas for working in a minor trend in detail.
Secondary trend (a trend worth working in when an acceptable entry point occurs). Deadline 1 day. Candles. Logo.
SAND/USDT Secondary trend. Wedge
SAND/USDT Analysis ( Update )📈📉HEY, what's up Guys and Girls?!
📌Since 26 jan , 2022 that I've posted sandusdt analysis , it has followed the correction wave and exactly reached my target ( more than 80 % (1x-short ))🎯 .
so today ,As you can see on the weekly timeframe for pair of SAND/USDT , it has been declining but recently reacted to pivot zone and jumped by more than 40 %, so if it maintain the current pivot zone , it can continue its rising at least to descending trendline as a dynamic resistance .
but If I consider the Elliot wave theory , in my opinion, the recent correction waves isn't complete ABC waves in this point of view , and was only the A wave and I think it can fall again by reaching the black descending trendline( b wave ) or if it be able to breakout the descending trendline and reaches the resistance zone( b wave) , then it can fall again to finish the 3rd wave (c). which it means it can even loses the current pivot zone as a support in both scenarios and fall on the lower support , then at there it can start a new rally.
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're fan of my analyses please follow me , give a big thumbs 👍 OR drop a comment 🗯
SANDThe Sandbox is probably one of the most promising metaverse projects (backed by superstars like Snoop Dogg, Deadmau5 and so on). Last year's frenzy is clear in the chart -> 1000% in just one month is not a healty bullrun. So, of course it needed a rebalancing move. Here we are now back at 1.2$ per coin. Trade wise a "fair value" target would be around 3 dollars (where most transactions happened). If we can break that is of course heading to ATH.
Trade safe :)
📊 SAND pumped and now it's facing resistanceHello, dear TradingView members.
This idea is a SAND analysis.
SAND had a pump and broke two resistance levels.
It is now pushing up below the upper BB, and now we are expecting
The RSI is not overbought, but it doesn't seem strong either in the buy volumes.
The price might get rejected by these two resistance levels and land on support.
The Speedometer indicator shows Buy volumes on the market for SAND on a 1D interval.
Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!
Let me know if you guys have any questions;
I will be more than happy to help.
✅ SAND (Analysis)SAND recorded a good growth of 16% among other altcoins yesterday. With the support of buyers, it has managed to break a significant resistance in the range of $ 1.18 to $ 1.26; if the price stabilizes above this range, given that a downtrend is also breaking, then move The uptrend can continue up to the resistance level of $ 1.5.