SAND is 2021's top performing cryptoSAND is one of the top performing cryptocurrencies for 2021.
Since Facebook announced its rebranding as Meta on October 29, SAND has shot into crypto fame and rallied more than 600% by November 24. It is estimated that if you bought $500 of Sandbox on January 1, it would now be worth over $73,000.
SAND is the native token of The Sandbox, a game that is very similar to Decentraland which recently opened the doors of its Metaverse. Unlike Decentraland, it has not yet fully launched its virtual world to the general public but only to a select group of 5,000 users who have the chance to earn up to 1,000 SAND and three exclusive NFTs. Players can purchase land and create non fungible tokens (NFT) within the game and earn the Sandbox token (SAND) by completing various quests.
The Sandbox has announced a number of famous partnerships which include The Smurfs, Atari, the Walking Dead, Adidas, and Snoop Dogg. It was recently reported that someone paid $450k to be Snoop Dogg's neighbour on The Sandbox Metaverse.
NFT-linked cryptocurrencies were the best performing group of digital assets in November, as the interest in the Metaverse keeps growing. Will Metaverse tokens explode in 2022?
It's a good moment to give meta tokens like SAND some thought.
SANDUSD trade ideas
Sand is doing something GOOD!Hey guys, this is Julie 😄
Let's analyze this sweetheart today. Sand is amazing, right? To go from under $1 to $8, this is really amazing. If you (like me) couldn't take advantage of this super high, maybe this is our chance!
Although Sand has been falling since November 25, the trend is still bullish if you look at the weekly chart. In fact, it is quite normal to fall after such a big high. I believe that Sand is just resting for a while, to continue rising later.
Looking at the daily chart, we can see that today's candle seems to be forming a Bullish Harami pattern, and this is a good buy signal!
It is in the same region as before, which seems to be a support level (pink line). Below this area we have the yellow line, which was the lowest point in December 04, and almost the close on November 22, I think this could also be a resistance.
It is in the same region as the 21 EMA as well, I like to use this for buy confirmation.
Because I believe in its potential, I would really buy Sand, this seems a nice and technical point to buy.
It's such a good crypto, right? Sand has a huge potential, I really like cryptos like this, with good plans for the future.
I know someone who bought sand for less than $0.27, just because he believed in its potential (he is really happy now hahahah).
And he was right, sometimes you should buy even without confirmation, just because you believe in the project.
And that's it. Thanks a lot for reading my analysis! I hope you enjoyed it. 😊
Remember to support me with your like and subscription, I really enjoy writing these analises. 😄😉
Have a good weekend, bye bye!
SANDUSD (1H) Bearish breakoutHi Traders
SANDUSD (1H Timeframe)
The market is in a downtrend and we are waiting for an entry signal to go SHORT below the 5.01 support level. Only the upward break of 5.68 would cancel the bearish scenario.
Trade details
Entry: 5.01
Stop loss: 5.68
Take profit 1: 4.61
Take profit 2: 3.95
Score: 3
Strategy: Bearish breakout
SANDUSD (4H) Bullish reversalHi Traders
SANDUSD (4H Timeframe)
Waiting for the upward break of 6.21 resistance level which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 4.75 would cancel the bullish scenario.
Trade details
Entry: 6.21
Stop loss: 4.75
Take profit 1: 7.08
Take profit 2: 8.50
Score: 6
Strategy: Bullish reversal
SAND anti alternate shark SAND the gift that keeps on giving
the coins you want to be in right now are ones that held above their critical inflection points, are above previous aths, showing divergences, etc. sand not only meets that criteria but also appears to be one of the strongest in that category
SAND Short 200 DEMA denial I am calling a short term short on SAND based on the recent 200 DEMA denial coming on strong volume on my one hour chart. As pointed out in my chart this is the second strong denial of the 200 DEMA in the last handful of days.
SAND just does not simply look ready for a breakout, I believe it will continue to trade in this current channel until the fear/greed index starts moving out of "extreme fear" and towards neutral/greedy.
SAND downward wedge #2 + MACD over zeroMACD has now crossed over zero on @HPotter MACD indicator. This is a bullish indication and the explanation I have quoted from the writer of script himself:
"Moving Average Convergence Divergence. The MACD is calculated
by subtracting a 26-day moving average of a security's price from a
12-day moving average of its price. The result is an indicator that
oscillates above and below zero. When the MACD is above zero, it means
the 12-day moving average is higher than the 26-day moving average.
This is bullish as it shows that current expectations (i.e., the 12-day
moving average) are more bullish than previous expectations (i.e., the
26-day average). This implies a bullish , or upward, shift in the supply/demand
lines. When the MACD falls below zero, it means that the 12-day moving average
is less than the 26-day moving average, implying a bearish shift in the
supply/demand lines.
A 9-day moving average of the MACD (not of the security's price) is usually
plotted on top of the MACD indicator. This line is referred to as the "signal"
line. The signal line anticipates the convergence of the two moving averages
(i.e., the movement of the MACD toward the zero line).
Let's consider the rational behind this technique. The MACD is the difference
between two moving averages of price. When the shorter-term moving average rises
above the longer-term moving average (i.e., the MACD rises above zero), it means
that investor expectations are becoming more bullish (i.e., there has been an
upward shift in the supply/demand lines). By plotting a 9-day moving average of
the MACD , we can see the changing of expectations (i.e., the shifting of the
supply/demand lines) as they occur."
Source:
credit: @HPotter
🌌The Sandbox🌌sand looks ripe for a move up, our system is calling a pretty significant buy right here.
came down in 3 wave in this local region, indicative of a simple zig-zag - followed by a clean 5 wave move.
after some consolidation \ a break of downtrend, sand is gearing up for the last hurrah.
possible it raids $6.50, but ultimately it looks really good for a sharp move up.
i'm targetting $10.70 on this swing, but will take profit at the two levels along the way (as portrayed on the chart).
What is the SAND Token by The Sandbox - with CryptoTickerSandbox is a virtual world based on blockchain, where users can buy, sell or even create their own digital assets. Thanks to Decentralized autonomous organizations (DAO) and Non-Fungible Tokens (NFTs), Sandbox created the perfect online experience, combining decentralization and gaming.
As a mission, Sandbox aims to bring blockchain technology to the masses. Not only do they target gamers, but they attract creators as well, as not only can users play to earn, but also create digital art and sell them in-game.
SAND crypto is the utility token used on the Sandbox website. It allows users to transact with each other and promotes decentralized governance by allowing users to share their views and ideas about the development of the project. It’s very easy to earn the SAND token, as you can simply swap your cryptos and get SAND in return on the Sandbox platform, or even buy them directly from well-known exchanges such as Binance or Gate.io.
On the 29th of November 2021, the long-awaited Alpha metaverse launches officially. In fact, the company has been working on this project for around 3 years now. Now is the perfect timing to hit the mass market and invite the first batch of users. The Metaverse hype is still rolling despite the recent crypto market adjustment, and The Sandbox seems to have all the fundamentals lined up perfectly.
The project has already more than 550,000 registered wallets and more than 11,000 landowners on its metaverse. This is definitely good news, and the price of SAND should definitely rise.
Cheers,
CryptoTicker Team