Aurora (AOA) May 6, 2019 Weekly Summary: Price Up 9.31%

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Price Action

Since last week, Aurora ‘s price went up by 9.31%. It is below its 20 day moving average by 0.2%, which is quite close. Aurora ‘s bullish momentum, if assessed by its distance from its 20 day moving average, is above average relative to our index of cryptocurrencies. In terms of volatility, Aurora exhibits greater price volatility than approximately 27% 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 Aurora in US dollars is expected to be between $0.01488013 and $0.01854587.

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

Volume Update

Over the past week, Aurora saw its daily volume range between 2,222,701 and 7,273,491 units of its own currency. Over the past three weeks, the trend in volume,like the trend in price, is choppy and does not reveal a clear direction. Over the past week, Aurora saw its trading turnover — which we define as average daily trading volume divided by circulating supply — register at 0.08%. Its turnover rate is more than approximately 8.33% of the cryptocurrencies in our index, so 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 16,839 to 101,033, an increase of 499.99%. As for overall transactions, they increased from 33,236 to 118,460 — an increase of 256.42%. This translates to a combined engagement growth rate of 756.41% for Aurora — which is higher than 100.00% of the cryptocurrencies we’re reporting on. This growth rate suggests the coin may be on track to getting and sustaining actual usage.

Technology Development Status

At the moment, Aurora has 11 repositories open to the public on GitHub, with the oldest one now being 353 days young. Its most recent public update was more than a week ago which is potentially concerning; more than a week without an update may suggest development is too slow. Aurora’s public repositories collectively have a total of 100 watchers, which is very bad on a relative basis; it bests only 16 % of the 100 similar coins in our index. The coin has 0 issues reported across its public repositories. 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.

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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