Price Action
Over the past week, Augur saw its price go down by -4.23%. It is below its 20 day moving average by 1.67%, which is quite close. Augur’s bullish momentum, if assessed by its distance from its 20 day moving average, is among the worst compared to other cryptocurrencies, and thus may indicate the coin has swung too far and too fast — and may thus be due for consolidation or a bullish correction. Regarding volatility, Augur is more volatile than roughly 21% of coins in our index, so it’s notably less volatile than the other cryptocurrencies we’re monitoring. Looking ahead, if the upcoming week mirrors the volatility of three past three weeks, the price range for Augur in US dollars is expected to be between $17.94207 and $23.51193.
Where to trade Augur (symbol: REP): Gate, Yobit, Binance, DDEX, Ethfinex
Volume Update
Over the past week, Augur saw its daily volume range between 279,281.5 and 1,163,647 units of its own currency. In the three weeks prior, the trend in volume,like the trend in price, is choppy and does not reveal a clear direction. The past 7 days saw Augur’s trading turnover — meaning the percentage of its available supply that was traded — come in at 5.46%. Its turnover rate is more than approximately 73.74% of the cryptocurrencies in our index, so it’s above average and thus will have enough liquidity for many investors/traders.
Engagement Update
Augur saw the number of wallets holding its coin go from 9,942 to 10,206 over the past week — a change of 2.66%. And in regards to cumulative transactions logged on the blockchain, they went from 136,260 to 140,540, which amounts to a change of 3.14%. This translates to a combined engagement growth rate of 5.80% for Augur — which is higher than 83.33% of the cryptocurrencies we’re reporting on. One interpretation of this may be that the coin may be on track to getting and sustaining actual usage.
Technology Development Status
At the moment, Augur has 30 repositories open to the public on GitHub, with the oldest one now being 4.47 years young. Its last public update to any of its repositories was within the past day, which is pretty good, as it suggests the coin is still under active and rapid technical development. Augur’s public repos now have 1559 which is very impressive; that’s more than 81 % of the top 100 coins we compare it to. The coin has 586 issues reported across its public repositories. In comparison to the number of watchers it has, though, its open issues count is quite poor, and may potentially indicate some concern that the software is at risk of not being updated fast enough. Our hypothesis that the open issue/watcher ratio may be of some value in assessing the healthiness of a coin’s software development process, and for Augur, this ratio was better than a mere 10 % of the similar coins we track in our index.
Augur News and Commentary
The top 3 themes being discussed about Augur in the past week are listed below. If available, we added an excerpt from the article to help give a taste of what it is about.
Poloniex Delists Altcoins Due to Murky US Regs – HedgetradeHQ
Augur Weekly Report — May 22nd – Augur
BlitzPredict Weekly Update: May 20, 2019 – BlitzPredict
Key Extract:
That’s it for this week!
Where to Buy
You can trade Augur, listed under the symbol REP, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex.
Article by SixJupiter
