The Sandbox price prediction 2024-2030: Should you hodl or dump SAND?

By Cryptopolitan_News
5 days ago
ETH BULLISH SAND VALU DAILY

Key takeaways

  • By the end of 2024, SAND is expected to have a minimum and maximum price of about $0.2690 and $0.2974, respectively.
  • The Sandbox price prediction for 2027 suggests the token could reach a maximum value of $0.9612.
  • In 2030, OP tokens will range between $2.50 to $3.12 with an average value of $2.57.

The Sandbox is a decentralized, community-driven virtual world built on the Ethereum blockchain, where users can create, own, and monetize their gaming experiences and assets. It combines blockchain technology with user-generated content (UGC) to provide a gaming metaverse that empowers creators. Players can design 3D voxel assets using tools like VoxEdit, create immersive experiences with the Game Maker, and trade in-game assets as NFTs (non-fungible tokens) on the Sandbox Marketplace. The platform’s native token, SAND, is used for transactions, governance, and staking within its ecosystem, fostering a robust digital economy.

Overview

Cryptocurrency The Sandbox
Ticker SAND
Current price $0.26
Market cap $58.39M
Trading volume $58.39M
Circulating supply 2,389,232,126.22
All-time high $8.44 Nov 24, 2021
All-time low $0.02894 Nov 04, 2020
24-hour high $0.2712
24-hour low $0.2613

The Sandbox price prediction: Technical analysis

Metric Value
Price Prediction $ 0.25758  (-6.03%)
Volatility (30-day Variation) 5.99%
50-day SMA $ 0.262518
14-Day RSI 55.89
Sentiment Neutral
Fear & Greed Index 65 (Greed)
Green days 16/30 (53%)

The Sandbox price analysis: SAND rises as bullish sentiment drives the figure up to $0.26

TL;DR Breakdown

  • The Sandbox price analysis shows a bearish bias trend.
  • SAND support is found at $0.2613.
  • Resistance for SAND is present at $0.2712.

The Sandbox (SAND) price analysis for October 17 has been on a steady bullish trend over the past few days, starting from around $0.2447 and climbing to a peak of $0.27 before stabilizing at $0.26. SAND shows a consistent upward movement with brief pauses or corrections along the way earlier today. After each dip, the price recovered quickly, further strengthening the overall upward momentum. This sustained price rise indicates strong market interest, pushing SAND towards higher levels in the short term.

The Sandbox price analysis 1-day chart: SAND maintains steady bullish momentum at $0.26

The Sandbox price analysis shows a positive trend in the daily chart. The coin has been trading in positive sentiment for the last few hours after recovering from the bearish pressure that was in control earlier today. The bullish pressure on the coin has been strong, and it has managed to break above the $0.26 level. The coin has moved up 6.82% over the last 24 hours, and buying activity is likely to increase further in the coming days.

SAND/USD maintains steady bullish momentum at $0.26

The relative strength index (RSI) is currently at 53.25, indicating a healthy balance between buyers and sellers. The MACD for the 1-day chart shows an uptrend movement since the MACD line is above the signal line, and the histogram showing a positive divergence. 

SAND/USD 4-hour price chart: SAND forms higher lows and higher highs

According to 4-hour Sandbox price analysis confirms that SAND/USD pair has been trading with a positive bias. The digital asset has formed higher lows and higher highs which is a bullish sign the price action recently had a breakout above the ascending triangle pattern that had developed over the past 24 -hours which is a bullish sign.

SAND/USD forms higher lows and higher highs

The RSI is at 55.47, in a neutral zone, meaning the asset is neither overbought nor oversold, but it leans towards a bullish trend. The Moving Average Convergence Divergence (MACD) is on the rise, reflecting the bullish momentum. The MACD line is currently above the signal line, indicating that the buyers are in control of the market.

The Sandbox technical indicators: Levels and action

Daily simple moving average (SMA)

Period Value ($) Action
SMA 3 0.2597 BUY
SMA 5 0.2566 BUY
SMA 10 0.2572 BUY
SMA 21  0.2698 BUY
SMA 50  0.2698 BUY
SMA 100 0.2625 BUY
SMA 200 0.3881 SELL

Daily exponential moving average (EMA)

Period  Value ($) Action
EMA 3 0.26198 BUY
EMA 5 0.26188 BUY
EMA 10 0.2613 BUY
EMA 21 0.2665 BUY
EMA 50 0.29124 BUY
EMA 100 0.3361 BUY
EMA 200 0.3912 BUY

What to expect from Sandbox price analysis next?

Overall, Sandbox price analysis shows that the market is still in an uptrend and that there is further upside potential. The technical indicators are starting to show some bullish momentum, which could see further upside potential for the token in the near term.

Is Sandbox a good investment?

The Sandbox (SAND) could be a promising investment for those interested in the growing metaverse and gaming sectors. It is a decentralized, blockchain-based virtual world where users can create, buy, sell, and monetize gaming experiences. As interest in virtual real estate and NFTs grows, The Sandbox has positioned itself as a key player in this space. However, like all cryptocurrencies, it is subject to high volatility and market risks. Investors should consider the project’s long-term potential, partnerships, and user adoption, while being mindful of the speculative nature of the broader crypto market.

Will Sandbox reach $10?

Based on current predictions, Sandbox price is unlikely to reach $10 by 2030. The maximum projected price for 2030 is $3.12, indicating that while substantial growth in SAND crypto market is anticipated, reaching $10 may require further advancements.

Will SAND reach $100?

Reaching $100 for Sandbox price would be extremely ambitious and would require an unprecedented level of growth and adoption.

Does Sandbox have a good long-term future?

According to Sandbox price data, SAND appears to have a promising long-term future, particularly due to its strong position in the rapidly growing metaverse and blockchain gaming space. Its partnerships with well-known brands like Adidas, Atari, and Snoop Dogg, along with its user-friendly platform for creating, monetizing, and trading virtual experiences, help enhance its potential for adoption.

Recent news/opinion on Sandbox

  • Off The Grid Surpasses Fortnite, Boosts Web3 Gaming; The Sandbox Integrates Reality TV”

Unzilla Games’ blockchain-based battle royale Off The Grid has topped Epic Games’ free-to-play PC list, surpassing Fortnite and Rocket League. With over 1 million wallets added daily and 53 million transactions in just five days, the cyberpunk-themed game is seen as a potential trigger for a Web3 gaming boom. Meanwhile, The Sandbox is attracting mainstream audiences by integrating reality TV shows like The Voice, allowing players to experience the contestant journey in the metaverse.

The Sandbox price prediction October 2024

For October 2024, Sandbox price forecast suggest a potential low of $0.27, a potential average of $0.32, and a potential high of $0.40.

The Sandbox price prediction Potential Low ($) Potential Low ($) Potential Low ($)
SAND price prediction October 2024 $0.27 $0.32 $0.40

The Sandbox price prediction 2024

The Sandbox coin price prediction suggests a minimum value of $0.2690 in Q4 of 2024. Experts suggest that SAND could reach a maximum price of $0.352 and an average trading price of $0.295.

The Sandbox price prediction Potential Low Potential Average Potential High
The Sandbox price prediction 2024 $0.2690 $0.295 $0.352

The Sandbox price predictions 2025–2030

Year Minimum Average Maximum
2025 $0.3864 $0.3975 $0.4769
2026 $0.5617 $0.5776 $0.6786
2027 $0.8080 $0.8311 $0.9612
2028 $1.20 $1.24 $1.42
2029 $1.81 $1.86 $2.15
2030 $2.50 $2.57 $3.12

The Sandbox price prediction 2025

The SAND price forecast for 2025 suggests SAND coin may attain a maximum level of $0.4769 and an average price of $0.3975. The minimum price that is expected for 2025 is $0.3864.

The Sandbox price prediction 2026

The SAND token price prediction for 2026 is a maximum price of $0.6786 and a minimum forecast price of $0.5617. The Sandbox is expected to attain an average trading price of $0.5776 in 2026.

The Sandbox price prediction 2027

The SAND crypto price prediction for 2027 suggests the digital asset may attain a maximum price of $0.9612 and an average price at $0.8311. The minimum Sandbox’s price for 2027 is $0.8080.

The Sandbox price prediction 2028

According to the Sandbox forecast for 2028, the price of the SAND is projected to attain a maximum price of $1.42. The average trading price of SAND is expected to be $1.24, with a minimum price of $1.20.

The Sandbox price prediction 2029

Sandbox’s price forecast for 2029 suggests that the cryptocurrency may attain a maximum of $2.15 and an average price forecast of $1.86. The minimum price of SAND that is expected for 2029 is $1.81.

The Sandbox price prediction 2030

The Sandbox prediction for 2030 suggests the digital asset may attain a maximum of $3.12 and an average price of $2.57. Sandbox price forecast for 2030 is $2.50 at the minimum.

The Sandbox market price prediction: Analysts’ SAND price forecast

Firm 2024 2025
Gate.io $0.48 $0.59
CoinPedia $0.61 $0.79
AMBCrypto $0.37 $0.42

Cryptopolitan’s The Sandbox (SAND) price prediction

Cryptopolitan’s overall SAND price prediction suggests a positive outlook for the cryptocurrency. For 2024, the forecasted range is between $0.2690 and $0.2974, reflecting moderate growth for the remainder of the year. Sandbox’s price is projected to experience substantial appreciation, with SAND’s price anticipated to rise from a minimum of $2.50 to a maximum of $3.12 by 2030. 

The Sandbox historic price sentiment

SAND price history ⏐ Source: Coinmarketcap
SAND price history ⏐ Source: Coinmarketcap
  • In 2021, the price of SAND began to gain traction, with its price starting at around $0.066. Market cap of Sandbox SAND started picking up.
  • By the end of 2021, Sandbox’s price had skyrocketed as the metaverse concept became a major trend, pushing Sandbox’s price volatility towards a peak of over $6.00.
  • Entering 2022, price of SAND reached its all-time high (ATH) early in the year, surpassing $6.00. Techical analysis of SAND has helped boost selling pressure.
  • By mid-2022, SAND’s price had significantly dropped in value, falling below $2.00. At the end of 2022, SAND had lost a substantial portion of its value compared to its ATH.
  • In 2023, Sandbox’s price entered a more stable phase, hovering between $0.20 and $0.30.
  • In 2024, Sandbox SAND has shown relatively stable price movement compared to previous years, with the price fluctuating between $0.20 and $0.30.
  • In October 2024, SAND is trading within the $0.256 – $0.2712 range.
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