How Did Augur’s Price Fare Yesterday?
Augur is up by approximately 1.99% from the previous day, with its price currently hovering around $10.75 USD. This marked the the 9th day in a row Augur has been up; it is still in an uptrend, and is currently 7% above 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 19 of the past 30 days. And in terms of volume, yesterday’s price move ocurred on volume that was 96.3% less than its 7 day average volume.
As for Augur’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 $9.359768 and $10.73453. Price’s current proximity to the top of the range may make selling an attractive opportunity to traders interested in trading the range.
The market capitalization of Augur, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $118 million.
Daily Engagement Metrics Update
NA transactions amongst holders of Augur occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding Augur has gone NA by approximately NA. In terms of recurring usage, we can note that NA wallets have sent or received coins in the past month, while NA have in the past day.
How are the Strong Holders of Augur Faring?
In terms of wealth concentration, the richest 1,000 wallets own 66.25% of the coin’s total money supply. Drilling down to just exchanges, the top 1,000 wallets that are exchanges control 3.09% of the currency’s money supply. Exchange ownership grew by -0.33% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by 0.09% over that time period.
Article by SixJupiter
