InstaForex

July 8, 2021

Crypto SAND Appears Fierce With Drastic Surge!

 While other cryptocurrencies are still declining, Non-Fungible Token (NFT)-related currencies appear to be triggering a positive impact to display gains.


Not to be outdone, SAND which serves as a blockchain -based virtual world by combining decentralized autonomous power (DAO) and NFT to perform fiercely makes an aggressive leap.


The latest development, SAND has launched Summer Jam which is the 3rd wave of SAND sales as mentioned on TheSandboxGame Twitter tweet.


https://twitter.com/TheSandboxGame/status/1412811097384525825


In addition, this SAND sales project is expected to implement a fairer system and has upgraded several network systems such as:


Increased server capacity to handle more users on the map more efficiently

Additional security checks to ensure all transactions are done by humans rather than robots.

New improved map view

Rotation System (Coming Soon)

Interesting to see on the SAND/USDT chart,


SAND prices continued to soar sharply as prices have exhibited an increase of over 100% on market movements this week.



The rise has also prompted the SAND price movement to hit its latest 3 -month high at around $ 0.53.


If the SAND price continues to be strong with a bullish trend, the price is expected to continue to reach the latest highs which may return to test the all -time high (ATH) of $ 0.90.


For a higher rise, the resistance level of $ 0.53 will be the focus level to be broken and subsequently the price is expected to test the resistance level around $ 0.70.


If the $ 0.70 resistance level is successfully broken, it is not impossible for the SAND price to return to the $ 0.90 ATH level and continue to record the latest ATH level for the 2021 market.


On the other hand, if the price increase fails to continue, the RBS (resistance become support) zone around $ 0.43- $ 0.44 will be retested and will be evaluated for the next direction of movement.


However, if the $ 0.43- $ 0.44 RBS zone is successfully passed, the SAND price movement is expected to make a decline to the next RBS level around $ 0.37 or lower.


As of 5.00 pm local time, the price of SAND continued to jump over 17% to trade at the price level of around $ 0.47.