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LIVE--
Bullish
LIVE
Ualifi Araújo
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Bullish
Analysis $SAND 10/15/2024
#SAND , it's been a long time since I posted about this coin or any other coin focused on the much-talked-about Metaverse. In the past, this coin made me a lot of profit, not only me, but many in the market in general. However, it seems to me that today the vast majority are not committed to bringing this old narrative back. However, it is not clear whether this narrative has actually ended.
SAND is currently trying to recover a key level, which is $0.27 (green band), where it will clearly have support to jump to the gray band.
Despite all the neglect these older Metaverse coins are facing, I still think they will do well in the big run. We have great companies that have invested large amounts of money in these coins, and they are still there today, so just as there are not many buyers STILL interested in them, the SELLERS are also not as present as before, which makes it easier for them to have a good run, as long as there is some adoption here, which is what I think we will have.
The bottom is in for all #altcoins and here it will be no different, so the question here is simple:
Hold the $0.2576 and the BULLS will quickly push the prices up to the green band on the chart. If the BEARS drop the price below that, then we will have a retest in the gray area below the current price.
You will not get rich with this coin, but you can still make good money in a less volatile way with it. A few days ago no one was talking about FTM, today everyone is talking about it and bringing up perspectives that clearly aren't even real hahahaha, so at some point these dinosaurs will draw attention again.
#SAND , it's been a long time since I posted about this coin or any other coin focused on the much-talked-about Metaverse. In the past, this coin made me a lot of profit, not only me, but many in the market in general. However, it seems to me that today the vast majority are not committed to bringing this old narrative back. However, it is not clear whether this narrative has actually ended.
SAND is currently trying to recover a key level, which is $0.27 (green band), where it will clearly have support to jump to the gray band.
Despite all the neglect these older Metaverse coins are facing, I still think they will do well in the big run. We have great companies that have invested large amounts of money in these coins, and they are still there today, so just as there are not many buyers STILL interested in them, the SELLERS are also not as present as before, which makes it easier for them to have a good run, as long as there is some adoption here, which is what I think we will have.
The bottom is in for all #altcoins and here it will be no different, so the question here is simple:
Hold the $0.2576 and the BULLS will quickly push the prices up to the green band on the chart. If the BEARS drop the price below that, then we will have a retest in the gray area below the current price.
You will not get rich with this coin, but you can still make good money in a less volatile way with it. A few days ago no one was talking about FTM, today everyone is talking about it and bringing up perspectives that clearly aren't even real hahahaha, so at some point these dinosaurs will draw attention again.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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