Augur: What’s the Latest Regarding its Price?
Augur’s current price, at the time of this writing, is $11.17 USD, down by approximately 3.96% from the day prior. 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 21.46% below its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. To help contextualize yesterday’s price move, we can observe that price has rallied 1 of the past 5 days. And in terms of volume, yesterday’s price move ocurred on volume that was 98.5% less than its 7 day average volume.
Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for Augur imply the currency may oscillate between $11.85978 and $16.58422, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
The currency’s market cap currently stands at $122 million US dollars.
Straight Off the Chain
NA transactions amongst holders of Augur occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Augur NA by NA. To understand loyalty or repeat usage amongst holders of Augur, we can note that there were NA wallets making a transaction yesterday, while NA wallets have sent or received tokens in the past month; this imputes a daily active wallet to monthly active wallet ratio of about NA.
How are the Strong Holders of Augur Faring?
As for wealth distribution, the richest 1,000 wallets currently own 62.76% of the money supply.
Article by SixJupiter
