Midnight, Sandbox and LayerZero Surge Over 40% in a Week as Analyst Tracks Key Levels
Key Takeaways
- •Midnight and The Sandbox posted weekly gains of roughly 51% and 52% respectively, while LayerZero rose about 43%.
- •Midnight, a data-protection-focused blockchain developed by Input Output Global, has twice tested resistance near $0.052, and a four-hour close above that level could open a path toward $0.060.
- •After a TD Sequential sell signal preceded The Sandbox's pullback from its Oct. 3 high near $0.078, the indicator has flipped to a buy signal, with $0.063 identified as key support for a possible rebound toward $0.077.
- •LayerZero trades near the upper boundary of a rising channel around $2.28, where a rejection could push the interoperability token toward the channel's lower boundary near $2.
- •The total cryptocurrency market capitalization excluding the top 10 assets stands at $242.89 billion, and a break below $240 billion could expose $230 billion while a recovery above $250 billion would target $255 billion–$260 billion.

Three altcoins — Midnight ($NIGHT), The Sandbox ($SAND) and LayerZero ($ZRO) — each posted weekly gains above 40%, with analyst Ali Charts tracking separate technical setups for the three assets. Midnight and Sandbox advanced roughly 51% and 52% respectively, while LayerZero rose about 43%. The moves come as the total cryptocurrency market capitalization excluding the top 10 assets holds near $243 billion.
Midnight Tests Resistance Near $0.052
Midnight climbed from approximately $0.032 to $0.049 over the past week, according to Ali Charts. The token reached nearly $0.053 on Oct. 3 before moving into a consolidation channel. $NIGHT has since tested resistance near $0.052 twice, and the analyst said a four-hour close above that level could open a path toward $0.060.
Midnight is a data-protection-focused blockchain developed by Input Output Global, the company behind Cardano, with $NIGHT serving as its native token. The recent price action follows a sharp weekly rise. However, Midnight now trades below its Oct. 3 high as the consolidation continues.
Sandbox Watches $0.063 Support
The Sandbox also gained roughly 52%, moving from $0.043 to around $0.065 during the same period. The token reached nearly $0.078 on Oct. 3 before pulling back. The Sandbox itself is a metaverse gaming platform in which users create, own and monetize virtual experiences and land, with $SAND serving as the platform's utility token.
A TD Sequential sell signal — an indicator developed by market technician Thomas DeMark to flag potential trend exhaustion — appeared ahead of Sandbox's decline from the Oct. 3 high. The indicator has since produced a buy signal for $SAND, according to Ali Charts. The analyst is watching $0.063 as key support, and if that level holds, he expects a rebound toward $0.077.
LayerZero Faces a Channel Pullback
LayerZero recorded a smaller weekly gain of about 43%. $ZRO reached $2.29 and trades near the upper boundary of a rising channel at around $2.28. Ali Charts said a rejection near $2.28 could push LayerZero toward the channel's lower boundary near $2. LayerZero is an interoperability protocol that enables messaging between blockchains, with $ZRO as its native token.
Summing up the three setups, the analyst noted that $NIGHT is consolidating, $SAND is attempting a rebound, and $ZRO may need a pullback.
Broader Market Context
Meanwhile, the total crypto market capitalization excluding the top 10 assets stands at $242.89 billion, a 0.63% gain on the four-hour chart after opening at $241.37 billion. The measure reached $243.31 billion before falling to $240.02 billion. Against that backdrop, the three altcoins' weekly gains of 40%-plus outpaced the broader measure.
After rising from roughly $197 billion–$200 billion in September, the metric moved above $250 billion. However, price now consolidates below the $250 billion–$255 billion range. The relative strength index (RSI), a momentum indicator scaled from 0 to 100, stands at 43.24 versus its 53.44 average, while the MACD histogram is negative at $585.55 million. A break below $240 billion could expose $230 billion, while a recovery above $250 billion would target $255 billion–$260 billion.