Price Action
In the week prior, the price for Nuls went down by -1.42%. It is below its 20 day moving average by 11.3%, so it’s a bit of a ways off. Nuls’s bullish momentum, based on 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. Now when considering volatility, Nuls is more prone to sizable price moves than 84% of coins in our index, so bear that in mind if you decide to trade it. Based on volatility over the past three weeks, we can expect Nuls to experience a price range in US dollars between 0.5833928 and $0.9663172.
Where to trade Nuls (symbol: NULS): Yobit, Binance
Volume Update
Over the past week, NULS saw its daily volume range between 3,522,707 and 19,311,696 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. The past 7 days saw NULS’s trading turnover — meaning the percentage of its available supply that was traded — come in at 11.72%. Its trading turnover percentage is higher than about 87.5% 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
The number of wallets holding Nuls went from 5,175 to 5,176 in the past week, marking a change of 0.02%. And in regards to cumulative transactions logged on the blockchain, they went from 43,117 to 43,137, which amounts to a change of 0.05%. Nuls’s combined growth rate — meaning the sum of its growth rate in holders and transactions — is 0.07% which puts it ahead of 6.25% 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, NULS has 29 repositories open to the public on GitHub, with the oldest one now being 1.6 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 public repositories collectively have a total of 442 watchers, which is about average compared to other similar coins; that’s more than approximately 43 % of coins in its index. The coin has 21 total outstanding issues across all 29 of its public repositories on GitHub. 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 74% of similar coins in our index.
Where to Buy
You can trade Nuls, listed under the symbol NULS, through the following exchanges: Yobit, Binance.
Article by SixJupiter
