Metaverse Update: Sandbox (SAND) Price Drops By 20% Over Last Week, Here’s Next Trading Levels

SAND price has fallen nearly -20% over the last week SAND Price has formed a symmetrical triangle 45 MA is acting as resistance Sandbox (SAND) Forms Symmetrical Triangle The Sandbox (SAND) price has exploded in popularity & users over the last year thanks to the ongoing NFT boom. Virtual artwork, game figures, documents, & much more has grown in great amounts over the last year as more and more people show their interest in the rapidly growing metaverse. The Sandbox is a blockchain based virtual world that allows users to create, build and sell digital assets in the form of a game. SAND price effectively combines the power of decentralized autonomous organizations (DAO) and NFTs which creates a decentralized gaming platform. Over the last few weeks, SAND price has formed a wild rainbow-like structure as price pushed over a dollar & then fell to around $0.60. This movement has also formed a symmetrical triangle (shown in blue). Each time price has attempted a breakout of the top trend, it has failed as bears pulled price back into the triangle. Just over the last 4 hours, SAND price has managed to break to the upside of its triangle as it heads towards the major resistance of $0.793. If bulls manage to hold this mark,