August 24, 2019: Qubitica (QBIT): Down 1.73%

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September 24, 2019: Qubitica (qbit): Down 4.73%; 4th Straight Down Day
September 24, 2019: Qubitica (qbit): Down 4.73%; 4th Straight Down Day

Qubitica Price Update

Qubitica is down by approximately 1.73% from the previous day, with its price currently hovering around $36.82 USD. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a down trend, and is currently 7.12% below its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. Qubitica’s expected trading range — as forecasted by the Bollinger bands indicator, which determines a range based on momentum and volatility over the past two weeks — is between $35.62004 and $43.66496. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.

August 24, 2019: Qubitica (qbit): Down 1.73%

The currency’s market cap currently stands at $79 million US dollars.

Update on Transactions and Holders

Yesterday we did not see any transfers amongst holders of Qubitica. As for the number of holders, yesterday saw the number of wallets holding Qubitica fall by 0. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Qubitica ranked 4 out of the 31 Ethereum tokens we’re tracking.

How are the Strong Holders of Qubitica Faring?

In terms of wealth concentration, the richest 1,000 wallets own 99.77% of the coin’s total money supply.

Technical Development Status

In terms of how active the software development team working on Qubitica is, it may be worth observing that the last time any work pertaining to code was done on their GitHub code repository was on August 20, 2019, or approximately 4 days before. Over the past 30 days, we’ve seen no growth in open issues or in the number of watchers on GitHub. This may suggest GitHub is not being used, or the code is not being maintained.

What’s Going on Social Media?

In terms of social media presence, Qubitica saw its Twitter followers go up by 3 over the past 24 hours. If you are interested in following Qubitica on social media, Twitter, where it has 1,625 following it, may be a good place to start. You can follow Qubitica on Twitter here. August 24, 2019: Qubitica (qbit): Down 1.73%

Article by SixJupiter