Cryptocurrencies Price Prediction: Sandbox, Solana & Cardano — Asian Wrap 17 Jan
Sandbox price prepares for a 25% advance as SAND approaches a crucial barrier
Sandbox price sets up a platform for buyers to spark a bull rally. Interestingly, a crucial support level is present to facilitate the origins of such an outlook for SAND. Sandbox price left a demand zone, stretching from $4.21 to $4.77 as it surged nearly 23% between January 10 and January 12.
Solana price sets the base before SOL rallies 15%
Solana price has recovered above the $115.5 to $144.7 demand zone, signaling a bullish outlook. SOL consolidates above this area in preparation for a 15% rise to $174.3. A four-hour candlestick close below the $115.5 barrier will create a lower low, invalidating the bullish thesis.
Cardano price at an inflection point, ADA likely to retest $1.45
Cardano price has seen a 26% ascent to $1.35 between January 10 and January 13. As ADA retests the $1.35 barrier for the fourth time, there could be a breakout, triggering another leg-up. A breakdown of the weekly support level at $1.20 could dent the bullish thesis.
Author
FXStreet Team
FXStreet
