Gnosis Does it Again: Heads Up for the 2nd Straight Day

The Hourly View for Gnosis

  • Currently, GNO’s price is up $0.93 (0.29%) from the hour prior.
  • This move is a reversal from the hour prior, which saw price move down.
  • If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe.
  • Regarding moving averages, it should first be noted that price has crossed the 200 hour moving average, resulting in them so that price is now turning above it. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Gnosis’s hourly price chart is shown below.

GNO

The Daily View for Gnosis

  • At the moment, GNO’s price is up $0.6 (0.19%) from the day prior.
  • This is the 2nd day in a row Gnosis has seen its price head up.
  • If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 20 day timeframe.
  • The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.
  • Divergence between GNO’s price and its RSI may be manifesting. As such, be on the lookout for trend reversal in GNO’s price.

Below is a daily price chart of Gnosis.

GNO

The Latest From GNO’s Blockchain

  • Over the past 29 weeks, the trend for GNO’s average transaction value has been choppy and unclear. It has oscillated between 13.4884 and 6146.8227.
  • For GNO, its average transaction value is now at 184.1852.
  • GNO has an average transaction value of 184.1852, down 13.17% from its value day prior.