Gnosis’s 8 Day Up Streak Comes to an End

The Hourly View for Gnosis

  • Currently, GNO’s price is down $-3.21 (-0.95%) from the hour prior.
  • This is a reversal of the price action on the previous hour, in which price moved up.
  • If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe.
  • The moving averages on the hourly 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.

Gnosis’s hourly price chart is shown below.

GNO

The Daily View for Gnosis

  • Currently, GNO’s price is down $-0.61 (-0.18%) from the day prior.
  • It’s been a feast for bulls operating on the daily timeframe, as Gnosis has now gone up 4 of the past 5 days.
  • As for the trend on the daily timeframe, we see the clearest trend on the 50 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.

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 daily transaction count has been choppy and unclear. It has oscillated between 8 and 417.
  • GNO’s daily large transaction count now stands at 72.
  • GNO has a daily transaction count of 417, up 19.83% from its value day prior.

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