With only a short time left until the new year, Bitcoin (BTC) is moving horizontally at $ 43,000, while altcoins are generally showing upward movements.
At this point, while analysts continued their analysis of altcoins, another analysis came from Ali Martinez.
Analyst examining the popular metaverse altcoin The Sandbox said that SAND is on the rise.
Stating that SAND offers upward potential, the analyst argued that SAND's upward path is open and that SAND can continue its rise as long as there is no major resistance.
He said that the next resistance level for SAND is between $0.90 and $1.35.
“The Sandbox presents a bullish opportunity above $0.55! With a clear path ahead and no major resistance, SAND could aim higher.
The next critical resistance level lies between $0.90 and $1.35, where 23,000 addresses hold 447 million SAND.”
SAND, which has increased by 10% in the last 24 hours, continues to be traded at $ 0.5994 at the time of writing.
#TheSandbox above $0.55 presents a bullish opportunity! With a clear path ahead and no major resistance, $SAND could aim higher.
The next critical resistance wall is between $0.90 and $1.35, where 23,000 addresses hold 447 million #SAND. pic.twitter.com/7vdS98DFTG
— Ali (@ali_charts) December 25, 2023
*This is not investment advice.
