{"id":604655,"date":"2024-11-26T11:49:38","date_gmt":"2024-11-26T11:49:38","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=604655"},"modified":"2024-11-26T11:49:38","modified_gmt":"2024-11-26T11:49:38","slug":"the-sandbox-price-prediction-sand-tumbles-15-as-experts-say-consider-this-viral-new-cat-meme-coin-for-100x-potential","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/the-sandbox-price-prediction-sand-tumbles-15-as-experts-say-consider-this-viral-new-cat-meme-coin-for-100x-potential","title":{"rendered":"The Sandbox Price Prediction: SAND Tumbles 15% As Experts Say Consider This Viral New Cat Meme Coin For 100X Potential"},"content":{"rendered":"

The Sandbox price plunged 15% in the last 24 hours to trade at $0.653 as of 02:13 a.m. EST on trading volume that dropped 61% to $2.3 billion.<\/span><\/p>\n

Sandbox Price Could Still Soar<\/h2>\n

The SAND\/USD chart exhibits a clear bullish trend in recent weeks, characterized by a sharp upward breakout in the Sandbox price. However, the current retracement indicates profit-taking or a potential pullback after a parabolic move.<\/span><\/p>\n

According to <\/span>GeckoTerminal<\/span><\/a> data, the Sandbox price broke above both the 50-day and 200-day Simple Moving Averages (SMAs), a classic bullish signal indicating a shift in momentum.<\/span><\/p>\n

Moreover, the Relative Strength Index (RSI) is at 71, which has entered the overbought zone (>70), indicating the recent rally might be overextended. Overbought conditions often lead to short-term pullbacks or consolidation phases. If RSI starts to decline toward neutral levels (50), it would suggest waning momentum.<\/span><\/p>\n

Adding to the general bullish momentum, the Moving Average Convergence Divergence (MACD) blue line crosses above the orange signal line, which represents a bullish crossover.<\/span><\/p>\n

If the current bullish stance continues, SAND could surge even further above, as the bulls target $1.0.<\/span><\/p>\n

\"The
SANDUSD Chart Analysis Source: GeckoTerminal<\/figcaption><\/figure>\n

Meanwhile, if the bears take charge of the price, as a result of the RSI cooling off, the price of Sandbox could plunge, with $0.50 acting as the immediate psychological support zone. The long term critical support zone is within the 200-day SMA at $0.3182.<\/span><\/p>\n

As the price of Sandbox aims for a bullish rally, many investors are turning to<\/span> Catslap ($SLAP)<\/span>, a project that went parabolic after debuting just six days ago on the Ethereum network.<\/span><\/p>\n

Analysts from the renowned YouTube channel 99Bitcoin, with over 709K subscribers, are calling it the next $MOG and predict it could 100X.<\/span><\/p>\n