March 28, 2020: Augur (REP): Up 5.55%

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Augur: What’s the Latest Regarding its Price?

At the time of this writing, Augur has a price of $10.51 USD, which puts it up by approximately 5.55% from yesterday. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in an up trend, and is currently 18.62% 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 4 of the past 5 days. As for the volume underlying yesterday’s move, note that the price change occurred on volume that was approximately 78.87% 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 $6.605099 and $11.1155. Given its boundaries, rangebound traders may find it compelling to entertain shorting, as we are nearer to the top of the range.

As for Augur’s market cap, it is currently at about $113M US dollars.

Straight Off the Chain

NA transactions amongst holders of Augur occurred yesterday. Regarding a tally of holders, Yesterday saw Augur’s wallet count NA by NA. To further our understanding of engagement we can observe the ratio of daily active users to monthly active users; that ratio now stands at NA, with NA wallets making a transfer this past day and NA wallets having made a transfer in the past month.

Just How Rich are Augur’s Richest Holders?

And in regards to wealth distribution, note that the top 1,000 Augur wallets hold over 65.75% of the token’s total money supply. If we focus on exchanges, which may be an correlated with liquidity and greater confidence in the currency, the exchange wallets that are in the top 1,000 wallets own 1.29% of the currency’s total money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by 3.08% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.18%.

Article by SixJupiter

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