Hello all!๐
I was just looking at a chart of the popular gaming token owned by Animoca brands (SAND)๐ฅ from the Sandbox virtual game ๐ถ๐น๐ฎ๐บ
To me we seem to be gaining support at the daily 0.618 Fib level and if this momentum in the market continues, I think gaming tokens such as SAND can easily reach more great targets. (Gaming tokens during this time of extreme inflation , have been seeing substantial bullish price action) ๐ฎ๐ฒ
Target depicted above is based on impulse wave extension. ๐๐
This is never financial advice, just my current view. ๐ถ
Coinmarketcap.com info :
Market Cap
$581,570,004
28.16%
Fully Diluted Market Cap
$1,976,801,702
2.08%
Volume
24h
$199,465,577
34.88%
Volume / Market Cap
0.3424
Circulating Supply
882,592,326.22 SAND
Good luck!
Above are approximate targets based on fibs and major trend-lines etc. I always recommend looking at multiple charts when making a big investment. Always have a stop loss โ๐๐ฒ set๐
Any thoughts ๐ญ๐ก, questions ๐โโ๏ธ๐โโ๏ธโ, good ๐, bad๐, happy ๐ or sad ๐ฅ, in the comments always welcome.
Jazerbay โฏ