The Sandbox

Get The Sandbox (SAND) all time high price, historical charts, latest news and other information.

Entering the year 2022, the market sellers took an upper hand over the SAND price. The pair was rejected from the $7 mark and lost 34% of its value by dropping to the $4.48 mark. The price has recently plunged below the 0.5 FIB level, indicating the token could extend the correction phase.
Key technical points:

The SAND price RSI chart shows a bullish divergence in the 4-hour time frame chart
The daily-MACD indicator’s lines slip below the neutral zone
The 24-hour trading volume in the Sandbox token is $3.1 billion, indicating a 0.83% loss.

Source-Tradingview
Previously when we covered an article on Sandbox token, this pair was riding its 2021 Christmas rally. However, the price couldn’t pass the $7 mark, and by experiencing a strong supply, the token was immediately rejected with an evening star pattern.
The recent bloodbath in the crypto market added to the ongoing selling  and dropped the price even below the 0.5 Fibonacci retracement level.
The correction phase is the SAND price has engulfed the 20 and 50 DMA lines. However, the overall trend for this token is still bullish as it is trading above the 100 and 200 DMA.
The Moving average convergence divergence indicator projects the MACD and signal lines have just dropped below the neutral zone(0.00), indicating the increasing bearish momentum.
Sand Price Resonating In A Falling Channel Pattern
Source- Tradingview
The Sandbox token is currently in a retest phase. If the price manages to sustain below this level, the coin could drop to its lower support level of $3.7. Moreover, the chart also shows a falling parallel channel pattern, leading this downfall.
Until the token is resonating inside this pattern, the price could extend the correction phase. However, this pattern is quite known for a bullish rally when the price breaks out from its overhead resistance trendline.
The Relative Strength Index(40) in the 4-hour time frame chart is steadily recovering from the oversold region. Moreover, a bullish divergence in RSI supports a bullish breakout from the falling channel.
Resistance levels: $4.61, $5.65
Support levels: $4.2, $3.5
The post SAND Price Analysis: Sandbox Price Losses 50% Retracement Level, Good Time to Buy? appeared first on CoinGape.


Entering the year 2022, the market sellers took an upper hand over the SAND price. The pair was rejected from the $7 mark and lost 34% of its value by dropping to the $4.48 mark. The price has recently plunged below the 0.5 FIB level, indicating the token could extend the correction phase. Key te...

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SAND Price Analysis: Sandbox Price Losses 50% Retracement Level, Good Time to Buy?

The Animoca Brands subsidiary and blockchain-based virtual world, The Sandbox, has announced the firm has made multiple partnerships in Hong Kong, and has plans to create a “Mega City” in the metaverse. Partners who acquired land in The Sandbox to build Mega City include Hong Kong tycoon Adrian Cheng, professional services firm PWC Hong Kong, and the Hong Kong actress and model Shu Qi.
The Sandbox Announces Mega City Launch
Blockchain projects like Decentraland and The Sandbox have been seeing significant demand as Web3, NFTs, and metaverse hype has grown exponentially in recent times. On Wednesday, The Sandbox — an Animoca Brands subsidiary and blockchain metaverse that leverages non-fungible token (NFT) technology — announced the launch of a “Mega City.” The firm has made various partnerships in Hong Kong and the metaverse region will become “a new cultural hub,” according to the announcement.
The Sandbox details that it partnered with the renowned Hong Kong businessman Adrian Cheng, CEO of New World Development, founder of the K11 brand, and Chow Tai Fook jewelry company’s executive director. The blockchain virtual world will feature Cheng’s XL Estate (24 x 24 LANDs) that aims to be an “innovation hub of Mega City.” A landmark will be the GBA Pavilion that showcases “creativity and tech wonders.” Cheng’s GBA Companies will also provide special experiences like “entertainment [and] exclusive NFTs.”
Award-winning entertainment stars like director Stephen Fung and actress Shu Qi plan to showcase exclusive NFTs. “The Sandbox [plans] to create an exciting district of Mega City that will showcase their talents and love for art and culture,” the announcement details. Furthermore, metaverse fans and The Sandbox users will be able to acquire land next to Mega City. The Sandbox has announced a land sale of property located adjacent to the Mega City region. The blockchain virtual world startup’s Mega City announcement explains:
To celebrate the new partners, The Sandbox will launch a new LAND sale on January 13, 2022, that will allow players to purchase choice spots near the LANDs of the partners announced today.

Blockchain Firm Collaborates With 165 Partners
Meanwhile, the project’s native token sandbox (SAND) has shed more than 7% in value this week but during the last two weeks, SAND has gained 6%. Year-to-date metrics show SAND has increased 13,785% against the U.S. dollar. SAND has a market valuation of around $5 billion today and $672 million in global trade volume. Statistics indicate that out of the top NFT marketplaces, The Sandbox Marketplace ranks 25 worldwide with $15.94 million in all-time sales.
According to the upcoming land sale details, the company’s new estates can be seen on The Sandbox virtual world map. The Sandbox says premium land will also be available with exclusive NFTs and the ability to host events on the property. Following the announcement, The Sandbox claims that it has acquired 165 partners to date including the South China Morning Post, PWC Hong Hong, The Smurfs, Care Bears, Atari, Cryptokitties, Adidas, Snoop Dogg, and The Walking Dead.
What do you think about The Sandbox Mega City and the recent Hong Kong partnerships? Let us know what you think about this subject in the comments section below.



























The Animoca Brands subsidiary and blockchain-based virtual world, The Sandbox, has announced the firm has made multiple partnerships in Hong Kong, and has plans to create a &#x201C;Mega City&#x201D; in the metaverse. Partners who acquired land in The Sandbox to build Mega City include Hong Kong t...

news.bitcoin.com

The Sandbox Partners With a Myriad of Hong Kong Luminaries, Plans to Launch Metaverse ‘Mega City’

Metaverse tokens have seen quite the year, with coins securing massive ROIs and appreciation in this month particularly. These metaverse coins have moved up their charts, displaying bullish sentiments at press time. Over the last 24 hours, SANDBOX soared 5.5%, while Decentraland secured a 3.9% gain.
These coins have encountered a recovery and have been successful at undoing some of the losses they have incurred over the past week. At press time, SAND was trading for $6.08, and MANA was exchanging hands for $3.38.
SAND/USD Four Hour Chart

SANDBOX was trading within a descending price channel. The coin over the last 24 hours broke from the descending channel. The immediate price level stood at $6.33, going above which the coin could attempt to trade near the $6.80 price mark.
On the flip side, a fall in buying strength would push SAND down to $5.61, and additional support lines stood at $4.86. Sandbox appreciated since December 23, and the coin maintained the bullish stance.
The Relative Strength Index rose slightly above the half-line, indicating bullishness as buyers entered the market after a sell-off period. MACD flashed green histograms after a bullish crossover signaling at northward price action in the market.
Awesome Oscillator displayed green histograms in consonance with the bulls in the market.
MANA/USD Four Hour Chart

Decentraland was trading at $3.38 after it rose by 3.8% over the last 24 hours. Overhead resistance for the coin stood at $4.01, and the support line was at $2.94. Near term, technicals indicated bullishness. If the coin maintained a bullish stance, MANA could target a 17% growth in future trading sessions.
MANA has been volatile. However, the coin has adequately displayed recovery on its charts too. The $2.94 level has been acting as strong support for the coin for quite some time over this month.
The Relative Strength Index moved slightly over the half-line as the coin witnessed buyers coming into the market after a sell-off. MACD flashed a green histogram following the positive price momentum in the market.
The Directional Movement Index was bearish and yet to see a bullish crossover. The ADX, however, displayed a weakening of the price trend. This reading indicated that there could be a price reversal.
The post SAND and Mana Price Analysis: Metaverse Tokens Positive Today appeared first on CoinGape.


Metaverse tokens have seen quite the year, with coins securing massive ROIs and appreciation in this month particularly. These metaverse coins have moved up their charts, displaying bullish sentiments at press time. Over the last 24 hours, SANDBOX soared 5.5%, while Decentraland secured a 3.9% ga...

SAND and Mana Price Analysis: Metaverse Tokens Positive Today

The correction phase in the SAND token plummeted the price to the 0.5 Fibonacci retracement level. This pair spent more than three weeks acquiring sufficient support from the bottom level, which eventually initiated this new rally. Moreover, the chart also shows a rounding bottom pattern which can lead the price to $8.5 or even beyond it.
Key technical points:

The SAND price reclaims the 20-day EMA
The 24-hour trading volume in the sandbox token is $2.82 Billion, indicating a 335.1% gain.

Source-Tradingview
The last time when we covered an article on Sandbox token, its price resonated in a narrow range, extending from $4.6 support to $5.6 resistance zone. During this consolidation, the token price gained enough support to bounce back from the bottom support level.
On December 23rd, the token price provided a huge bullish engulfing candle of 22% gain, which breached the $5.6 and $6.1 resistance in one shot, offering a great opportunity for a long trade.
This new rally has flipped the 20 EMA dynamic resistance into possible support. Moreover, the daily chart has reclaimed its bullish alignment of the crucial EMAs(20, 50, 100, and 200).
The Relative strength index(61) projected significant recovery in its chart and has crossed above the neutral line(50).
SAND/USD 4-hour time frame chart
Source- Tradingview
From this whole structure of retracement and recovery, the SAND token chart revealed a rounding bottom pattern in the 4-hour time frame chart. The neckline for this pattern is also the All-Time High level, i.e., 48.5, and following the pattern, the price should soon rally to this milestone.
However, as mentioned, the price broke out from the $6.1 mark and is currently going through a retest phase. The crypto traders can expect a retracement to the $6.1 or $5.75 mark, which would confirm the demand pressure for continuing its rally.
The traditional pivot levels indicate the traders will expect to meet their next resistance level at $6.8 and $704. For the opposite end, the support levels are $5.6 and $5.
The post Sandbox Price Analysis: Rounding Bottom Pattern Brings Recovery Opportunity For SAND Token appeared first on CoinGape.


The correction phase in the SAND token plummeted the price to the 0.5 Fibonacci retracement level. This pair spent more than three weeks acquiring sufficient support from the bottom level, which eventually initiated this new rally. Moreover, the chart also shows a rounding bottom pattern which ca...

Sandbox Price Analysis: Rounding Bottom Pattern Brings Recovery Opportunity For SAND Token

On Thursday, Pricewaterhouse Coopers’ (PWC) Hong Kong unit announced that it purchased a land site in The Sandbox metaverse. The PWC Hong Kong branch will be the first internationally recognized professional services brand to enter The Sandbox metaverse.
PWC Hong Kong Enters the Metaverse
While land located next to Snoop Dogg’s Sandbox plot has sold for lots of money and other firms like Atari have purchased Sandbox property, now major accounting firm PWC’s Hong Kong branch has also purchased metaverse land in The Sandbox virtual world.
PWC is a multinational professional services network of firms located in 156 countries. The company is often referred to as one of the Big Four accounting firms alongside EY, KPMG, and Deloitte. PWC’s Hong Kong branch has been into blockchain technology and crypto assets for quite some time and in November 2017, the office revealed it accepted bitcoin payments for consultancy services.
The announcement on December 23 says that the land in The Sandbox was specifically acquired by PWC Hong Kong. William Gee, a partner at PWC Hong Kong, commented about the land purchase and the metaverse in general on Thursday.
“The metaverse offers new possibilities for organisations to create value through innovative business models, as well as introducing new ways to engage with their customers and communities,” Gee remarked. The PWC Hong Kong executive added:
We will leverage our expertise to advise clients who wish to embrace the metaverse on the full range of challenges presented by this emerging global digital phenomenon.

‘The Metaverse Is Open for Business’ — The Sandbox Team Believes PWC Can Help ‘Brands That May Be Less Familiar With Web3’
The Sandbox virtual blockchain game, that features land and other types of non-fungible token (NFT) assets, has been popular during the last year. The Sandbox’s native digital asset SAND is up 11% during the last 30 days and 11,714% over the course of the last year. The blockchain-based metaverse game also secured an investment of $93 million during the first week of November in a financing round led by Softbank’s Vision Fund 2.
Regarding the PWC land acquisition, The Sandbox says “professional services firms such as PWC Hong Kong can play a valuable role in the growth of the open metaverse.” Specifically, the announcement explains that PWC can help “brands that may be less familiar with Web3.” Sebastien Borget, COO of The Sandbox believes the Big Four accounting firm is at the forefront of this innovation.
“The metaverse is open for business,” Borget elaborated in a statement concerning PWC Hong Kong’s land acquisition in the metaverse. “We welcome PWC Hong Kong to experience how The Sandbox fosters new immersive experiences and ways for brands to connect with customers. It’s an exciting time – and PWC is at the forefront of this emerging frontier.”
What do you think about the accounting firm PWC Hong Kong acquiring land in The Sandbox metaverse? Let us know what you think about this subject in the comments section below.



























On Thursday, Pricewaterhouse Coopers&#x2019; (PWC) Hong Kong unit announced that it purchased a land site in The Sandbox metaverse. The PWC Hong Kong branch will be the first internationally recognized professional services brand to enter The Sandbox metaverse. PWC Hong Kong Enters the Metaverse ...

The Sandbox price	$4.29
Low - High 24H	$4.17 - $4.37
Market cap	$3.95B
Volume 24H	$412.21M
All time high	$8.40 -48.88% November 25th 2021
All time low	$0.028978 14713.91% November 4th 2020
Genesis date	N/A

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