The Sandbox(sand)market reviews and price predictions
The Sandbox market statement for 2023-03-17
Yesterday the price of sand stood at $0.63. The market capitalization of the asset was $1 078 830 617. The Sandbox’s volatility was established at 5.58%. The trading volume of the coin reached $624 614 855.
The Sandbox prognosis for the next days:
We estimate the price of The Sandbox to be $0.55 tomorrow 2023-03-25 and $0.61 on 2023-03-31;
We estimate the market capitalization of The Sandbox to reach $1 018 907 673 tomorrow 2023-03-25 and $1 063 361 076 on 2023-03-27;
We estimate the volatility of The Sandbox to become 5.45% tomorrow 2023-03-25 and 5.75% on 2023-03-27;
We estimate the trading volume of The Sandbox to amount to $131 973 367 tomorrow 2023-03-25 and $258 500 085 on 2023-03-27.
Our recommendation for the pair SAND/USD for tomorrow, 2023-03-25, to hold.
A 19% price appreciation seen on the The Sandbox market between March 11 and March 17.
Between March 11 - March 17, The Sandbox has been mostly as its price has been in the rising mode. The volatility associated with the SAND market was medium, as were its price fluctuations. The asset saw its market capitalization growing over the reviewed period together with its price. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
The bulls muster more strength as The Sandbox rises by 12% from March 10 to March 16.
The Sandbox has been last week as its price has been predominantly rising. The price swings of SAND pointed to the presence of medium volatility. The price action on the coin's market translated to the growth of market capitalization. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
The March 5 - 11 market report: The Sandbox plunges by 16% as sellers apply more pressure.
The price of The Sandbox was falling last from March 5 until March 11, giving enough reason to conclude that the market is bearish. The price swings of SAND pointed to the presence of medium volatility. The asset saw its market capitalization falling over the reviewed period together with its price. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
The bears had a field day between March 1 and March 7 as The Sandbox got knocked down by 13%.
The price of The Sandbox was falling last from March 1 until March 7, giving enough reason to conclude that the market is bearish. The volatility of SAND has been medium throughout the reviewed period in correspondence with the price action. The price action on the coin's market translated to the decline of market capitalization. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Bearish price action on February 28 to March 6 resulted in The Sandbox by 10%.
The downward movement of the The Sandbox price last week indicates the chosen market is bearish. SAND has been going through a period of medium volatility, which fell in line with the occurred price changes. The asset saw its market capitalization falling over the reviewed period together with its price. The price action of the crypto coin from last week stemmed from the decreasing trading volume.
February 25 - March 3 price action review: The Sandbox goes down by 8%.
The Sandbox has been bearish last week as its price has been predominantly falling. SAND was caught in a period of medium volatility, which was reflected in its price action. The asset saw its market capitalization falling over the reviewed period together with its price. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Slightly bearish : traders witnessed The Sandbox moving down 5% from February 24 till March 2.
The price of The Sandbox was falling last from February 24 until March 2, giving enough reason to conclude that the market is bearish. The situation on the SAND market shows that the underlying asset is currently experiencing a period of low volatility. There has been a fall in the market capitalization of the asset during the period under review. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
A 16% drop on the The Sandbox market last week (February 20 - February 26) signals that the sellers are gaining strength.
Between February 20 - February 26, The Sandbox has been mostly bearish as its price has been in the falling mode. The volatility associated with the SAND market was medium, as were its price fluctuations. The asset saw its market capitalization falling over the reviewed period together with its price. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.
The Sandbox slid down by 1% last week (February 17 - February 23) as the sellers pushed back.
The downward movement of the The Sandbox price last week indicates the chosen market is. The situation on the SAND market shows that the underlying asset is currently experiencing a period of medium volatility. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. There has been a growth in trading volume on the crypto coin's market in conjunction with the price movement.
The Sandbox lost 8% in the period February 9 - February 15 as a result of selling pressure.
The behavior of The Sandbox last week was characterized by the occurrence of downswings. SAND has been going through a period of medium volatility, which fell in line with the occurred price changes. The price action on the coin's market translated to the decline of market capitalization. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.