The price of cosmos continued to decline on Thursday, while sandbox rallied following its partnership with Warner Music Group. Overall, crypto prices were trading 3% lower in today’s session, after yesterday’s FOMC announcement.was one of Thursday’s biggest gainers, climbing by as much as 8 %, as prices rose following news of a partnership with WMG.
It was announced that the partnership was made with the hopes of creating a concert venue/theme park within the metaverse. SAND/USD hit an intraday high of $3.54 on the news, which is its highest level in five days, and comes after a rally from support of $2.99.Looking at the chart, prices have somewhat tailed off from today’s earlier highs, and now sit below a short-term ceiling of $3.57.Many now wait to see the impact this partnership will have on the future of the metaverse.was down for a second consecutive session, falling to an intraday low of $30.14 in the process.
This level has acted as a point of uncertainty in the past, and coincided with a cross of moving averages which shifted momentum. Looking at the chart below, the recent decline seems to have started just as the 10-day , and 25-day moving averages crossed downwards.As a result, prices are now nearing support of $29.20 and were trading over 10% lower as of writing.
sandbox. coin. nxt. down
EOS EOS EOS EOS EOS PUMP PUMP PUMP
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