RWAINC shows that it is resilient, as it holds above crucial support and #RWAInc is continuing to gather momentum by steadily hoarding coins. According to the #SocialMining system developed by @DAO Labs , this is a crucial kind of structure. Using these techniques, experts can identify sections of the room with lower possibilities of danger, so attention is given to facts rather than speculations.
Right now, as the token holds above support, any boost will wait for external validation such as good news from regulators, better mood among investors or improved market liquidity. Because of the Social Mining model, the community helps watch for such triggers and explains the price movements in peer reviews.
With this structure in place, heading toward resistance levels makes sense. If the market drops below the accumulation zone, it may open a way for prices to reach support levels set before. It is more important for the buyer to be sure and for market conditions to favor buying, since during accumulation buyers usually experience less reactivity in the price movement.
#RWA tokens, for instance RWAINC, are more likely to follow slower market trends. So, Social Mining becomes even more worthwhile, since it helps those who are patient and consistent, not those who just post a lot. This structure is calm at the moment, but things could change fast.