Price Action
In the week prior, the price for Nuls went down by -16.82%. It is below its 20 day moving average by 15.46%, so it’s somewhat away. Nuls’s bullish momentum, determined 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, Nuls is more volatile than roughly 45% of coins in our index, so it’s volatilty is about what you’d expect for a cryptocurrency in our index. Looking ahead, if the upcoming week mirrors the volatility of three past three weeks, the price range for Nuls in US dollars is expected to be between $0.7250255 and $0.9944645.
Where to trade Nuls (symbol: NULS): Yobit, Binance
Volume Update
Over the past week, NULS saw its daily volume range between 5,650,408 and 30,730,816 units of its own currency. In the three weeks prior, the trend in volume does not have a clear direction, while the price trend is clearly down. NULS experienced a turnover rate of about 23.15% over the past week, which means that is the percent of its available money supply that is traded daily. Its trading turnover percentage is higher than about 90.72% of the coins we’re tracking, so it’s far above average and thus a good coin for those interested in active trading or being able to get out of the market if they need to.
Engagement Update
Over the past week, Nuls saw its holders go from 5,175 to 5,175, an increase of 0.00%. And in regards to cumulative transactions logged on the blockchain, they went from 43,114 to 43,117, which amounts to a change of 0.01%. This translates to a combined engagement growth rate of 0.01% for Nuls — which is higher than 8.82% of the cryptocurrencies we’re reporting on. This could indicate that the coin’s usage is not growing much at all.
Technology Development Status
NULS currently has 29 public repos on GitHub, with the oldest one clocking in at 1.58 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. NULS’s repos that are visible to the public collectively have 444 watchers — that’s more than approximately 46 % of coins in its index. The coin has 19 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 seems to be in good shape. To elaborate: the ratio of open issues to developers who are watching NULS’s GitHub repos is more favorable than 76% of similar coins in our index.
NULS News and Commentary
Over the past week, we found one link about NULS that we thought was particularly interesting. Where available, we included a snippet of the article that we thought might be interesting.
Huobi Global Adds NULS/USDT Trading Pair!Trade to Win 40,0
Where to Buy
You can trade Nuls, listed under the symbol NULS, through the following exchanges: Yobit, Binance.
Article by SixJupiter
