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Price Action

Over the past week, Aurora saw its price go down by -5.61%. It is below its 20 day moving average by 4.42%, so it’s fairly close. 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. Regarding volatility, Aurora is more volatile than roughly 36% of coins in our index, so it’s notably less volatile than the other cryptocurrencies we’re monitoring. Based on volatility over the past three weeks, we can expect Aurora to experience a price range in US dollars between 0.01371942 and $0.01762558.

Where to trade Aurora (symbol: AOA): Gate, Yobit, Stex, Binance, DDEX, ETHfinex

Volume Update

In the span of the preceding 7 days, Aurora’s daily volume, in terms of its own unit of currency, has fluctuated between 4,581.06 and 38,708.73. In the three weeks prior, the trend in volume does not have a clear direction, while the price trend is clearly down. Over the past week, Aurora saw its trading turnover — which we define as average daily trading volume divided by circulating supply — register at 0%. Its turnover rate is more than approximately 2.35% 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 101,069 to 101,056, an increase of -0.01%. In terms of blockchain-recorded transactions made by these wallets since their inception, that number changed from 123,543 to 123,614, which translates to growth of 0.06% for the week. Aurora ‘s combined growth rate — meaning the sum of its growth rate in holders and transactions — is 0.05% which puts it ahead of 47.70% of the coins in our index. One interpretation of this may be that the coin’s weekly growth in engagement is fairly mediocre.

Technology Development Status

At the moment, Aurora has 13 repositories open to the public on GitHub, with the oldest one now being 1.29 years young. The last recorded update to its public repositories 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 below average relative to its peers; that’s more than only 25 % of the 100 similar coins in our index. The coin has 0 issues reported across its public repositories. 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 91% of similar coins we’re tracking.

Article by SixJupiter


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