The Sandbox (SAND) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the crypto has fallen 0.17% to $0.7425638874.
Moderately Volatile
InvestorsObserver gives The Sandbox a moderate volatility rank of 30, placing it in the bottom 30% of cryptos on the market.
The Volatility Gauge takes into account this makes its score defined by recent trends, rather than a bad day.
SAND’s moderate volatility reading is paired 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 favorable position going forward. With support at $0.713516625258497 and resistance at $0.756986948344282. 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.
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
