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Sandbox Retraces to $0.4352 After A Strong Bullish Momentum

Published 01/05/2023, 04:01 PM
Updated 01/05/2023, 04:30 PM
Sandbox Retraces to $0.4352 After A Strong Bullish Momentum

  • Sandbox price analysis shows a bullish bias trend and is trading at $0.4352.
  • Resistance for SAND/USD pair is present at $0.443.
  • SAND/USD has increased by over 0.43 percent as the bulls look to target the $0.443 resistance level.

Sandbox price analysis shows a bullish trend over the last 24 hours, with an average increase of 0.43%. Today’s market began trading at $0.4352 and exploded upward right away. Sandbox has been on an overall uptrend since yesterday, with a total increase of over 0.4 percent since then. The resistance for the SAND/USD pair is currently at $0.443 and the support is at $0.4264. Looking ahead, Sandbox is expected to remain within an uptrend in the near-term future.

The Daily Sandbox price analysis reveals strong buying pressure, with the RSI (Relative Strength Indicator) currently at 32.11 this indicates that the market is overbought and is likely to experience a short-term correction soon. With that being said, Sandbox is still expected to remain in an uptrend, as it has done for the past 24 hours.

The post Sandbox Retraces to $0.4352 After A Strong Bullish Momentum appeared first on Coin Edition.

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