Sandbox (SAND) was one of the most active cryptocurrencies on Thursday, with values increasing by as much as 14 percent. After reaching a low of $1.13 on Wednesday, the SAND/USD pair reached a session high of $1.28 earlier today.
The token reached its highest level since June 25 and drew closer to a crucial resistance level as a result. During the same timeframe, the market capitalization of the token increased by 15 percent. It was valued at $1.58 billion as of press time, according to data from Coingecko.
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Major Indicators Showing Positive Values
According to Santiment statistics, SAND’s major indicators improved over the past day, with the exchange flow balance exhibiting a positive value of $1,411,000.
In the previous 24 hours, significantly more SAND tokens were supplied to exchanges than were withdrawn. In such circumstances, a further price increase is anticipated.
Based on the chart, this resistance is located at $1.35 and has not been breached since late May, when pric ..
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