Gnosis is Down for the 2nd Day in a Row

The Hourly View for Gnosis

  • At the time of this writing, GNO’s price is up $5.04 (1.68%) from the hour prior.
  • This is the 3rd hour in a row Gnosis has seen its price head up.
  • If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe.
  • Regarding moving averages, it should first be noted that price has crossed the 20 hour moving average, resulting in them with price now being 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 down $-6.89 (-2.21%) from the day prior.
  • The daily chart shows that Gnosis has seen 2 straight down days.
  • If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 100 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

  • GNO’s count of active addresses now stands at 199.
  • Over the past 29 weeks, the trend for GNO’s daily large transaction count has been choppy and unclear. It has oscillated between 0 and 223.
  • GNO has a daily large transaction count of 69, down 69.06% from its value day prior.