Amid ongoing bullish sentiment, The Sandbox (SAND) is gaining notable attention from whales, hinting at a notable rally in the coming days.
Amid bullish market sentiment, SAND is poised for a 30% rally as it forms a bullish pattern on the daily chart., a leading metaverse platform, is gaining significant attention from whales and institutions as it has formed a bullish price action pattern on its daily chart.
SAND’s bullish outlook is driven by positive price action, heightened interest from traders and investors, and an overall bullish market sentiment following Donald Trump’s U.S. presidential election victory.According to AMBCrypto’s technical analysis, SAND has broken out from a parallel channel price action pattern and is now facing resistance from the 200 Exponential Moving Average on a daily time frame.
Whales and investors also appeared to be significantly participating, as large transaction volumes on SAND have skyrocketed by 248.5% in the past 24 hours, as reported by on-chain analytics firm
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