The Sandbox Price Prediction: SAND Surges 28%, Hits 8-Month High, But Experts Say This ICO Might Be The Best Crypto To Buy Now
The Sandbox price soared 28% in the last 24 hours to trade at $0.8005 as of 11:40 a.m. EST on trading volume that surged 305% to $6.4 billion. SAND earlier surged to an 8-month high of around $0.93, surpassing the $0.81 resistance that occurred in March. Sandbox Price On A Continued Rally The SAND/USD chart shows that the Sandbox price is on a strong bullish trend emerging after a prolonged period of consolidation. Recent price action has broken out of resistance levels, and the significant rally indicates strong buying momentum, which has pushed the price of Sandbox to a 132% surge for the $0.3375 support zone, according to data from GeckoTerminal . The SAND price now trades gracefully above both the 50-day and 200-day Simple Moving Averages (SMAs), as it coincides with the parabolic rise pattern. Moreover, the Relative Strength Index (RSI) is at 88.08, which is significantly overbought (above 70 typically indicates overbought conditions). This suggests that the price may b...