In the week prior, the price for Aurora went down by -2.99%. It is below its 20 day moving average by 6.55%, so it’s slightly away. Aurora ‘s bullish momentum, based on its distance from its 20 day moving average, is roughly middle-of-the-pack relative to the cryptos we’re tracking. Now when considering volatility, Aurora is more prone to sizable price moves than 33% 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 $0.01907235 and $0.02471365.
In the span of the preceding 7 days, Aurora’s daily volume, in terms of its own unit of currency, has fluctuated between 81,556.78 and 6,934,521. Over the past three weeks, the trend in volume does not have a clear direction, while the price trend is clearly down. Aurora experienced a turnover rate of about 0.04% over the past week, which means that is the percent of its available money supply that is traded daily. Its turnover rate is more than approximately 9.28% 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.
Aurora saw the number of wallets holding its coin go from 101,031 to 101,021 over the past week — a change of -0.01%. As for overall transactions, they increased from 122,621 to 122,767 — an increase of 0.12%. This translates to a combined engagement growth rate of 0.11% for Aurora — which is higher than 55.92% of the cryptocurrencies we’re reporting on. This could indicate that the coin’s weekly growth in engagement is fairly mediocre.
Technology Development Status
Aurora currently has 13 public repositories on GitHub, with the oldest one now 1.2 years young. Its most recent public update was within the past week which is not bad, as the coin is still being updated routinely. Aurora’s public repositories collectively have a total of 100 watchers, which is below average relative to its peers; that’s more than only 35 % 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. Its number of watchers, when viewed against 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 84% of similar coins we’re tracking.
Aurora News and Commentary
Over the past week, we found 2 links about Aurora that we found especially interesting. If available, we added an excerpt from the article to help give a taste of what it is about.
Article by SixJupiter