The NFT space broke the upper barriers and raised high despite the narrow trend of the major crypto assets. The SAND price jumped like a giant gaining nearly 60% since the last trading day. On the other hand, many other NFT’s also followed a similar trend including MANA price, ENJ price, FLOW price, AXS price, etc and many more.
SAND Price Could Hit New ATH Soon
The sandbox price leads the NFT space with a giant leap by surging more than 60% and a huge influx of trading volume. The trading volume rose magnificently to about 436.85%, registering more than $1.3 billion from just $550 million in less than 24 hours. However, the rally appears to be intending to hit the ATH very soon.
The price currently is on the verge to test the immediate resistance levels at $0.706 and once done, smashing ATH will be imminent. However, the rally seems unstoppable as $1 may also be on the cards with a continued uptrend. On the contrary, if the rally flips to bearish, yet the strong support levels around $0.385 is still in place.
MANA Price Broke The Pattern To Jump High
MANA price gained enough bullish momentum and broke out front the upper levels of the symmetrical triangle. The price appears to have accumulated enough and ready for a massive breakout out of a symmetrical triangle.
However, the volume despite a 203% jump, still needs to be accelerated to achieve a huge jump. With the maintained trend, the price can however range above $1, yet the ATH may need some more effort. Therefore, initially, the prime focus should be on the target at $1 and also sustain above these levels.
SAND price and MANA price both standing at $0.672 and $0.738 respectively at the press time, look self-assured to hit $1 very soon. In the due course, the bears need to take a break & the bulls need to get aggravated.