Is The Sandbox (SAND) Heading the Right Direction Saturday?

Saturday, January 08, 2022 01:48 PM | InvestorsObserver Analysts

The Sandbox receives a strong long-term technical score of 74 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the token's consistency, volatility, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. Currently, SAND holds a superior long-term technical analysis score than 74% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover tokens that have bottomed out.

InvestorsObserver is giving The Sandbox a 74 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on The Sandbox!

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Trading Analysis

SAND is currently $0.9700000 (27.15%) above its 100-day moving average price of $3.590000000 with its current price of $4.560000000. Meanwhile, The Sandbox is $4.5300000 (-18603.44%) above its 52-week low price of $0.030000000 and -$3.95000000 (-63.88%) below its 52-week high of $8.510000000. The current price relative to its moving average and 52-week high and low leads to a strong long-term technical score of 74. Trends for the long-term trading history of The Sandbox suggest that traders are currently neutral on the token. The Sandbox has a market capitalization of $4,194,985,483.03 and a relatively high average daily volume with $5,503,837,435.39 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, SAND's volume is below its seven day average with 674,245,923.52 exchanged.

Summary

Trading patterns over the last year for The Sandbox leads to the token's a strong long-term technical score of 74 as its consistency, volatility, and relation to long-term averages has given investors reason to be neutral on the token. Click Here to get the full Report on The Sandbox (SAND).