Aurora (AOA) May 20, 2019 Weekly Recap: Price Down 5.92%

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Price Action

Since last week, Aurora ‘s price went down by -5.92%. It is above its 20 day moving average by 0.12%, which is quite close. Aurora ‘s bullish momentum, if assessed by its distance from its 20 day moving average, is pretty far negative compared to the other coins we’re covering, and thus may be due for a correction upwards or some kind of a period of low volatility. Regarding volatility, Aurora is more volatile than roughly 30% of coins in our index, so it’s notably less volatile than the other cryptocurrencies we’re monitoring. Based on volatility over the past three weeks, we can expect Aurora to experience a price range in US dollars between 0.01592456 and $0.02187044.

Where to trade Aurora (symbol: AOA): Yobit, DDEX

Volume Update

In the span of the preceding 7 days, Aurora’s daily volume, in terms of its own unit of currency, has fluctuated between 263,184.9 and 7,062,090. In the three weeks prior, volume has trended downwards, but price has gone in the opposite direction — up. Aurora experienced a turnover rate of about 0.03% over the past week, which means that is the percent of its available money supply that is traded daily. This turnover rate is higher than approximately 3.09% of the cryptocurrencies we monitor, which means it’s well below average; this coin may be hard to get into and out of, and thus is suitable only for those interested in holding and exiting slowly and patiently.

Engagement Update

Over the past week, Aurora saw its holders go from 100,902 to 100,870, an increase of -0.03%. As for overall transactions, they increased from 118,923 to 119,175 — an increase of 0.21%. Aurora ‘s combined growth rate — meaning the sum of its growth rate in holders and transactions — is 0.18% which puts it ahead of 8.57% of the coins in our index. One interpretation of this may be that the coin’s usage is not growing much at all.

Technology Development Status

At the moment, Aurora has 12 repositories open to the public on GitHub, with the oldest one now being 1.01 years young. The last recorded update to its public repositories was within the past week which is not bad, as the coin is still being updated routinely. Aurora’s repos that are visible to the public collectively have 101 watchers — it bests only 20 % of the 100 similar coins in our index. The coin has 0 outstanding issues in the backlog awaiting to be addressed by the core development team. Relative to the number of watchers it has, though, its open issues count doesn’t seem like something to worry about. To put the situation in context, Aurora has a better issue/watcher ratio on its GitHub than 97% of similar coins we’re tracking.

Aurora News and Commentary

Over the past week, we found one link about Aurora that we thought was particularly interesting. Where available, we included a snippet of the article that we thought might be interesting.

Dear Dr.Kristoph Koch – Carlos Romero

Excerpt:

I’m beginning visual experiments merging illusions with photography and exploring the definition of an identity in my life….I believe that my personal history has led me to conclude some theories I would like to research on: What if the brain’s DNA that constructs the neuropathic pathways include inherited memories?

Where to Buy

You can trade Aurora, listed under the symbol AOA, through the following exchanges: Yobit, DDEX.

Article by SixJupiter

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