The Sandbox

2024

Algorand

Polygon

<p>Altcoins are thriving! The ones that have experienced a huge rise during the 2021 bull run have again started to swell, hinting towards the return of pro-traders. After a magnificent run, the <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/" target="_blank" rel="noreferrer noopener">Bitcoin price</a> has begun to remain stagnant a bit. This has enabled the other altcoins to swell, which have attracted massive gains. XRP &amp; ADA prices, for instance, have surged beyond $1 after remaining stuck below $0.4 to $0.5 for quite a long time. Similarly, here are a few more tokens that may achieve the $1 milestone in a short while from now.&nbsp;</p>   
<h2 class="wp-block-heading" id="h-polygon-matic-nbsp">Polygon (MATIC)&nbsp;</h2>   
<figure class="wp-block-image">
 <img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXc3umP-KLsc23w_Z9wWgSCCayr5oLSCrFE6jNrHbKiUVdql1Ew6AYu2qhc_M2eU5PpclUIFKPbH-lEiBrnogcM0pvebcfwbv_gzmlv7Lh73Zqb6UMbTc-JwixSIEDD4R83OXZ-zPA?key=fkQvBijbKMFUGCKUNsb2h4fs" alt="">
</figure>   
<ul class="wp-block-list">
  
 <li>The monthly chart of MATIC price suggests the price is about to experience a fine bullish push, which could initiate a 40% rally</li> 
</ul>   
<ul class="wp-block-list">
  
 <li>The conversion &amp; baseline of Ichimoku Cloud are about to validate a bullish crossover, which could further flip the cloud to be bullish</li> 
</ul>   
<ul class="wp-block-list">
  
 <li>Besides, the monthly RSI is incremental and could reach the neckline of the parabolic curve at the upper threshold.&nbsp;</li> 
</ul>   
<ul class="wp-block-list">
  
 <li>Therefore, the Polygon price is expected to break the resistance at $0.75 anytime from now and secure $1 before the end of 2024</li> 
</ul>   
<h3 class="wp-block-heading" id="h-the-sandbox-sand-nbsp">The Sandbox (SAND)&nbsp;</h3>   
<figure class="wp-block-image">
 <img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdSbMkr7Tq0tqrd5j8KnqDsqj_Y11UFwN4mkso-71XlH_aWQPEER1kZbt1KArN8B3_6hItJZl5clfY6ZGs06jJ4YIt6ej8ZdNYZ8H8i-mIEb1Uc2A0UJ7FoRut9J7ejM81mYw9EwA?key=fkQvBijbKMFUGCKUNsb2h4fs" alt="">
</figure>   
<ul class="wp-block-list">
  
 <li>The SAND price has broken from the multi-year descending pattern, the falling wedge and is accumulating strength for the next bullish wave</li> 
</ul>   
<ul class="wp-block-list">
  
 <li>The buying volume has dropped after a massive rise but the sellers are just restricting below the resistance zone between $0.79 and $0.88 while failing to drag the price lower</li> 
</ul>   
<ul class="wp-block-list">
  
 <li>Besides, the rally continues to remain within the accumulation phase, as suggested as the indicator just triggered a bullish divergence</li> 
</ul>   
<ul class="wp-block-list">
  
 <li>Secondly, the +Di displayed a bearish divergence but no specific movement was seen with the -Di while ADX remained elevated. This suggests the price is preparing for the next upswing beyond $1.&nbsp;</li> 
</ul>   
<h3 class="wp-block-heading" id="h-decentraland-mana-nbsp">Decentraland (MANA)&nbsp;</h3>   
<figure class="wp-block-image">
 <img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeBdYFvfLWZGY5oUROnf6yKtvZ_d-i3MCdRPUeftZ6IglrZkFz8qENHXLeCXthii_zEeWkNjnQhAW3k-iw8dvcetPRYX_dDv_f5Ak_czQVMUS0WddPUXZ6KPXN30exHCf9fH63ryQ?key=fkQvBijbKMFUGCKUNsb2h4fs" alt="">
</figure>   
<ul class="wp-block-list">
  
 <li>The <a href="https://coinpedia.org/price-prediction/decentraland-mana-price-prediction/" target="_blank" rel="noreferrer noopener">MANA price</a> is testing one of the crucial resistances within the range of $0.74 and $0.81, which also collides with the 200-day MA.</li> 
</ul>   
<ul class="wp-block-list">
  
 <li>This range also collides with the neckline of the Adam and Eve chart pattern, which includes a v-shaped recovery followed by a parabolic curve.&nbsp;</li> 
</ul>   
<ul class="wp-block-list">
  
 <li>Besides, the RSI is about to re-enter the overbought zone, which may end up in a small pullback</li> 
</ul>   
<ul class="wp-block-list">
  
 <li>Therefore, the MANA price could rise beyond $1.1 and face a pullback to the zone, followed by a healthy rise towards the higher targets</li> 
</ul>   
<h3 class="wp-block-heading" id="h-algorand-algo-nbsp">Algorand (ALGO)&nbsp;</h3>   
<figure class="wp-block-image">
 <img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdablwEz-juQHs1YAeolez_eCoBa7QtLxsBOKLmN6R7sn0En7FOW0UU3efzVCKF3TK0J6DuTsoZWqL9waE2yZXN3XFVJ_-PoiTUVkn5Ylo5tgnmLaRgLe048GBY1AWoQDICa3V4Dg?key=fkQvBijbKMFUGCKUNsb2h4fs" alt="">
</figure>   
<ul class="wp-block-list">
  
 <li><a href="https://coinpedia.org/price-prediction/algorand-algo-price-prediction/" target="_blank" rel="noreferrer noopener">Algorand price</a> has reached levels not seen since November 2022 and hence the token is expected to remain elevated as buying volume has increased heavily</li> 
</ul>   
<ul class="wp-block-list">
  
 <li>Besides, the RSI has entered the overbought zone and shows no signs of deviation, but after some point, the levels have to face rejection</li> 
</ul>   
<ul class="wp-block-list">
  
 <li>Therefore, the price is expected to reach $0.82, which may attract some bearish activity but the current support zone between $0.39 and $0.45 or a little higher, could offer a base to trigger a strong rebound</li> 
</ul>   
<ul class="wp-block-list">
  
 <li>With this, the price may remain elevated and mark $1; meanwhile, if the resistance at $0.66 holds the rally, the bearish narrative may fade off</li> 
</ul>   
<p>&nbsp;Other than these tokens, the two altcoins that are very close to reclaiming $1 are Mantle (MNT) &amp; Ethena (ENA). However, the bears seem to have captivated the rally and hence they may consume some more time before marking the next bullish move to $1.&nbsp;</p>

After XRP & Cardano, These Altcoins are Primed to Hit $1 This Month

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