Algorand, Fantom, Sandbox Price Prediction

Algorand, Fantom, Sandbox Price Prediction

Algorand.
The Relative Strength index hiked beyond neutral 50, suggesting an imminent bullish momentum. Nevertheless, the on-balance volume maintained downtrends over the previous week, as the price created a climbing wedge setup. Hence, market players should expect a possible downside for the token.

Sandbox.
The Relative Strength index climbed past neutral 50. However, the hourly chart across the altcoin market start to flash some bullishness. ND’s Stochastic Relative Strength index remained at the overbought level. Therefore, a pullback towards the $3 area would mean a buying opportunity.

Fantom.
Meanwhile, the altcoin market will rely on Bitcoin’s directional bias. Though most altcoins seem prepared for uptrends in the coming sessions, a BTC U-turn will trigger bearish actions. Bitcoin traded around the $43,390.01, losing 0.77% over the past day. Further weakness by the leading alt will trigger negative sentiment in the marketplace.