RBS price reaction to the fall of the BTC.

in #rpromo3 years ago

Greetings to all readers of this great platform, today I come to share with you some information regarding the price of RBS, mainly because of the fall suffered by the price of BTC since a few days ago, most of the coins in the market suffered a big correction, so we can get the whole market in the red, this being a market action that caught many people unexpectedly, and others ended up selling at a loss.


The image used is from Public Domain, Author: Robinia



By now we are all in the knowledge that the price of BTC in the market strongly retreated, reaching almost 42k and recovering the market price to almost 50k, despite this recovery it still lost a lot of value in the market, being this a big problem for all the coins that are in the blockchain, mainly because the price of the same is dragged with the fall of BTC.

When the BTC lost a % of its value between 10% to 12%, the rest of the cryptocurrencies lost 20% or more in terms of market value, this in a single day, there are other coins that the correction was even greater, as is the case of HIVE, but when observing the price of RBS from the moment the BTC lost its value, we can observe that there is a stability in its price despite the market corrections.

When observing how the RBS market price is maintained, we can consider that it is in an area with a strong support, so the price manages to stabilize in that area without being affected by what happened in the rest of the market, this is considered as conditions of a project really with good foundations and with a high reliability for people who have decided to invest in it.



Now more than ever we have seen the reliability of the project, and it can be considered as a great investment opportunity, at an affordable price and with a great support to the variants of the market, it is considered to continue in its accumulation before the price reverses and gets its upward path, in order that we can get our profits, those who have invested and keep part of those RBS tokens.





All the images used by the Author @Chucho27 are Public Domain, in each one of them you can find the source of the image.

The image used in the banner at the bottom is by the author @chucho27, made using the Canva application.