Will Apple's Metaverse News Raise Decentraland (MANA) and Sandbox (SAND) Prices?

PriceSandbox (SAND) and Decentraland price (MANA)have broken out of diagonal resistance levels, but have not yet overcomeimportant horizontal levels.On January 24, interesting news for the metaverse appeared. Apple's mixed reality headset is likely to release later this year. While the headset is unlikely to be a fully open virtual world like Decentraland or The Sandbox, it will include video conferencing and meeting rooms for Apple users.

On the one hand, Apple is unlikely to allow objectsoutside of the Apple ecosystem to interact with any of its devices. This makes it unlikely that the release will have a positive impact on the tokens associated with the metaverse. However, the fact that Apple is the latest giant to move into metaverse tech innovation after Meta, Microsoft, and Sony could bolster the assets of the digital worlds.

PriceDecentralandbroke away from the 250-day resistance line C 1January, the price of Decentraland is moving up at an accelerated pace. At the moment it has grown by 150%. On January 21, the price of the MANA token reached a maximum of $0.78. In addition to being a new yearly high, it also broke out a descending resistance line that held in place for 250 days. However, Decentraland price was unable to initiate a significant upward movement after the breakout and is still hovering around the line. If the price confirms the line as support, it could begin an upward move towards the next resistance at $1.15. If this does not happen, the price may decline to the support levels of 0.382-0.618 using the Fib retracement method between $0.59 and $0.48. Bearish divergence in the six-hour RSI suggests the latter is slightly more likely.

PriceSandbox (SAND)rose 110% since January 1 and bounced backdescending resistance line on January 15. Seven days later it reached a high of $0.85. If the SAND token price manages to break through the 0.382 Fib resistance level, it could rise to the next Fib level at $0.93. If it is rejected, we can expect a fall to the $0.62 support area and a descending resistance line. In conclusion, SAND and MANA prices have rebounded from diagonal levels but have not yet begun a significant upward movement. Whether they give up or get rejected from nearby horizontal resistance levels can determine the direction of the future trend.