SAND Technical Analysis: Trendline Breakout Eyes at $3.66 Mark

SAND coin price experiences a boom in buying pressure resulting in the trendline breakout. Will the breakout rally sustain to reverse the trend? Key technical points: SAND coin price surpasses the $3 mark. In addition, the price outperforms the 200-day EMA. The 24-hour trading volume of SandBox is $1.88 Billion, marking a 260% rise. Past Performance of SAND SAND coin price shows a bullish breakout of the long-coming resistance trendline and the psychological carrier of $3 with an overnight spike of 20%. Furthermoreoutperforms the 200-day EMA line and touches the 50-day EMA. However, the meta coin retraces to retest the bullish retest with a higher price rejection evident near the 50-day EMA. Source-Tradingview SAND Technical Analysis SAND coin price jumps with the news of SandBox’s partnership with the HSBC Bank as the bank will buy virtual land in the metaverse and aims to design it to draw and engage sports, e-sports, and gaming fans. Furthermore, the metaverse platform has announced its partnership with the ALTAVA Groups to boost indulging fashion and lifestyle. The ALTAVA schemes to release its Non-Fungible Tokens in their own land in SandBox. 📣 @altavagroup X #TheSandbox – collaborating to expand luxury fashion and lifestyle brands partnerships in the #Metaverse 👗 Read here for more on this partnership 👇https://t.co/MVredS1ooA — The Sandbox (@TheSandboxGame) March 17, 2022 SandBox surpasses the 200-day EMA while the 50...