Augur (REP) Reflects Pullback After Marking YTD High Above $36

Augur—a decentralized network holds no limits on payouts, trades, deposits, and withdrawals as compared to some of the other networks. REP holds a fee as minimal as 1%, which for other networks, is as high as 5-10% in the global markets without having any greed for profit.

Augur is one of the most lucrative platforms amongst the top 100 networks of the global crypto market and currently trades at $22 after a major bullish candlewick YTD high above $36 in the previous month.

Augur (REP) Reflects Pullback After Marking YTD High Above $36

Augur Price Analysis

REP News
REP/USD Chart by TradingView

REP token was trading at $22 after a gradual pullback below the recent high above $36 at the press time. After breaching the upper Bollinger Band, it is now trading without any extremities after a gradual correction of 38% against the US Dollar.

As per the current momentum and Augur price movement, the Augur token is testing the immediate supports from MA50 at $21 while holds steady support from MA200 at $14.96. However, the MACD chart reflects a bearish crossover after the gradual pullback, and the RSI is at 48.91 with no trading extremities.

Mehak Punjabi

Mehak Punjabi is a post graduate in MBA with specialization in Finance and has joined CryptonewsZ with a skill building view in the world of cryptocurrency and blockchain. She is dynamic and a quick learner with a hold on financial analysis.

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