The Sandbox Price Prediction: SAND Eyes $0.160 Zone as On-chain Activity Surge

Highlights:

• The Sandbox price is showing a growing bullish grip after soaring 2% to $0.146.
• The Santiment data shows a spike in whale accumulation, which may lead to a further price surge.
• The technical outlook indicates a bullish grip as SAND eyes the $0.160 zone soon.

The Sandbox (SAND) price has increased by 2.13% and is trading above $0.146 on Wednesday after receiving support at the critical level the previous day. The positive price behaviour is also supported by whales’ accumulation and an increase in Open Interest (OI). Technically, bulls hope the market will rally further, which could push SAND above 0.160. 

According to Supply Distribution data from Santiment, there is a positive sentiment toward The Sandbox. This comes as some whales are buying SAND during recent price drops. The indicator shows that whales with 10 million to 100 million SAND tokens (blue line) and 100,000 to 1 million SAND tokens (red line) have collected a total of 94.39 million tokens since January 15 up to Wednesday. At the same time, wallets containing between 1 million and 10 million SAND tokens (yellow line) have lost 14.87 million tokens.

This demonstrates that the second generation of whales might have been a victim of the capitulation event. The former set of wallets, on the other hand, took advantage of the situation and bought SAND at a discounted price.

At the derivatives level, CoinGlass’s data also indicates a bias toward the bulls. As indicated in the chart, SAND futures OI on exchanges increased to $54.07 million on Monday, up from $ 26.28 million on Friday, and has since remained stable. The increase in OI is a sign of new money in the market and of fresh purchases, which may be driving the current SAND price boom.

SAND Eyes $0.160 Soon Amid Positive Technical Outlook

The SAND price currently trades at $0.14 and has strong support near the 50-day moving average at about $0.125. This moving average acts as a price floor, preventing major market dips. At the same time, resistance lingers near the 200-day SMA at $0.221, which SAND needs to breach for upward momentum. If it succeeds, the next major target could lie near the $0.29 level.

The MACD indicator suggests building bullish momentum, with the MACD line slightly above the signal line in the positive region. Meanwhile, RSI holds steady near 62, indicating the coin is not overbought yet and still has room to run.

Looking ahead, if the Sandbox price falls below the $0.125 support, traders should look at the next supports at $0.11-$0.09. These levels may stop further falls. But if those break too, the price could fall to as low as $0.05, last seen in October 2025. However, with positive technical indicators and strong whale accumulation, these low prices might be good buying opportunities. Traders should look for a clear break above $0.148, which may see the token rally towards $0.160.

If the price keeps rising, more buyers may enter and push the SAND token back toward its the $0.22 resistance. While SAND’s price is still testing key levels, the outlook remains promising, as it stands to benefit from the market’s positive sentiment.