What’s Next for Very Bearish Rated The Sandbox (SAND)?

49 sec read

The Sandbox (SAND) gets a very bearish rating from InvestorsObserver Wednesday. The token is down 6.08% to $0.4112259357 while the broader crypto market is down 1.34%.

Sentiment Score - ,

Very Bearish

Over the last five days, The Sandbox has earned a Very Bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of The Sandbox over the past five days by volume and price movement.

The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.

Price Levels

The Sandbox is currently trading near its five-day low of $0.408883397242907. The token is 10.27% off its five-day high and is 0.57% higher than its five-day low of $0.408883397242907.

The Sandbox price is currently below support. With support set around $0.432302467729756 and resistance at $0.445865147020528, The Sandbox is potentially in volatile territory as selling pushes the crypto’s price below recent support.

The Sandbox has traded on low volume recently. This means that today’s volume is below its average volume over the past seven days.

What is a token?

Tokens are digital assets that exist on another cryptocurrency’s blockchain.

Due to a lack of data, this crypto may be less suitable for some investors.

Click here to unlock the rest of the report on The Sandbox

Via this site

Author

Chris Munch

Chris Munch is a professional cryptocurrency and blockchain writer with a background in software businesses, and has been involved in marketing within the cryptocurrency space. With a passion for innovation, Chris brings a unique and insightful perspective to the world of crypto and blockchain. Chris has a deep understanding of the economic, psychological, marketing and financial forces that drive the crypto market, and has made a number of accurate calls of major shifts in market trends. He is constantly researching and studying the latest trends and technologies, ensuring that he is always up-to-date on the latest developments in the industry. Chris’ writing is characterized by his ability to explain complex concepts in a clear and concise manner, making it accessible to a wide audience of readers.