24th of November- it was on this day that the active phase of SAND growth ended and buyers gave their initiative. It was from this date that the long-term correction in the SAND market began, which corrected the growth wave from October by about 70%. During the whole period of SAND price correction, the trading volumes decreased significantly. This fact indicates the reluctance of large investors to fix profits and give up their positions. Therefore, the probability of the beginning of the formation of the SAND cryptocurrency’s new growth wave is quite high. https://www.tradingview.com/x/jFDqsmNO/ At the time of writing, the price is near the important liquidity zone of $2.7. At this critical point, buyers have been in circulation since mid-January 2022. And since the end of February 2022, the SAND market has formed a fairly narrow consolidation in the range of $2.7-$3.5. If buyers manage to keep the $2.7 mark and take control of the $3.5 mark in March, the baseline scenario for the SAND price will grow to $5.2. However, even if sellers break the $2.7 mark, the positive trend in the SAND market will continue. The fact is that the SAND price from January 2021 is moving in the global growth channel. The bottom line of the global growth channel is close to $1.7. Therefore, in the case of a deep correction of the BTC price and its return to the range of $38,000-$39,000 SAND cryptocurrency may make the final fall wave. Therefore, i...
