The Sandbox (SAND) Rises 2.67%, Outperforms the Crypto Market Sunday

Sunday, June 11, 2023 01:23 PM | InvestorsObserver Analysts

The Sandbox (SAND) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the crypto has increased 2.67% to $0.3873219973.

InvestorsObserver is giving The Sandbox a 33 Volatility Rank. Find out what this means to you and get the rest of the rankings on The Sandbox!

Moderately Volatile

InvestorsObserver gives The Sandbox a moderate volatility rank of 33, placing it in the bottom 33% of cryptos on the market.

The Volatility Gauge follows meaning that one day won't make or break its rank. SAND's moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

The Sandbox price is in a good position going forward. With support near $0.33749226914035 and resistance set at $0.442493718725311. This positions The Sandbox with room to run before facing selling pressures.

What is a Token?

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

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