Gnosis (GNO) is a significant power within the cryptocurrency world, notably within the decentralized finance (DeFi) sector. Its progressive options in prediction markets and customizable wallets have made it a key participant within the crypto ecosystem.
State of the Gnosis (GNO) Market.
Presently, Gnosis is priced at $194.44 and is ranked #125 on CoinMarketCap. The market capitalization has reached greater than $503 million, supported by a circulating provide of roughly 2.59 million GNO tokens. Within the final 24 hours, GNO has seen a value improve of 4.46%. The value has proven stability and development, hovering between $186 and $194 over the previous week.
What’s Gnosis (GNO)?
Gnosis is a platform that makes use of Ethereum expertise to supply sturdy predictive market frameworks and DeFi options. With Gnosis Secure, Gnosis Public sale and different merchandise, it offers safe, decentralized platforms for asset administration and occasion end result prediction, rising transparency and effectivity within the DeFi area.
The present state of the Gnosis (GNO) market.
Over the previous month, Gnosis has witnessed a bullish pattern, with its value climbing from a low of $180 to a excessive of $194. This constructive trajectory is clear within the day by day and weekly charts, which have seen positive aspects reflecting elevated investor curiosity and market exercise.
Gnosis (GNO) Value Forecast: 2024-2030 Overview
Taking a look at historic value information and market traits, the next is an in depth year-to-date forecast for Gnosis (GNO):
| 12 months | Low Potential ($) | Excessive Potential ($) |
| 2024 | 210 {dollars} | 260 {dollars} |
| 2025 | 230 {dollars} | 300 {dollars} |
| 2026 | 270 {dollars} | 340 {dollars} |
| 2027 | 310 {dollars} | 380 {dollars} |
| 2028 | 350 {dollars} | 420 {dollars} |
| 2029 | 400 {dollars} | 500 {dollars} |
| 2030 | 450 {dollars} | 550 {dollars} |
Gnosis (GNO) Value Prediction: Bollinger Bands
Wanting on the in-depth evaluation, we see that the value of Gnosis is buying and selling close to the higher Bollinger band, which normally signifies that the asset is in the next value vary given its current value motion. This place usually signifies a robust uptrend, but additionally carries the danger of a possible pullback, as costs could also be seen as overextended towards the typical (20-time easy shifting common).
The 20-period SMA, marked at $190.55, serves as a right away assist stage for GNO. Value holding above this SMA signifies bullish sentiment available in the market. If the value have been to carry this stage, it might doubtlessly problem the resistance close to the $196 mark. On the draw back, we see the Superior Oscillator exhibiting a inexperienced bar forming after a sequence of pink bars, signaling a rise in bullish momentum or a possible reversal from current bearish sentiment. The AO studying of 5.63 means that constructive momentum is constructing that might assist continued upward value motion.
Latest value motion exhibits GNO testing the $194 space a number of instances, with current candles closing close to or barely above that stage. This means that $194 could possibly be a pivotal stage that has acted as each assist and resistance over the previous few classes. If the value can shut firmly above this stage and particularly above the current excessive of $194.18, it could be positioned to focus on the subsequent psychological resistance at $196.46.
Gnosis (GNO) Value Prediction: Transferring Averages
Taking a look at different indicators, we see that the chart exhibits an uptrend with key technical indicators and shifting averages indicating continued upward momentum below sure circumstances. The value of GNO is persistently above the 50-period SMA, which is presently $186.47. This means a robust bullish pattern as value remaining above this shifting common signifies continued dominance by consumers. Just like the 50-period SMA, the value is nicely above the 100-period SMA (positioned at $178.46), reinforcing bullish sentiment. The 200-period SMA, situated at $170.82, is nicely under the present buying and selling value, underlining a long-term bullish pattern.
Value motion on the chart exhibits GNO buying and selling round $194.05, with current candles forming above the important thing short-term shifting common (50 interval SMA), indicating sustained shopping for curiosity. Latest candles have additionally examined however not conclusively damaged above the short-term resistance stage round $194.18. A decisive shut above this stage might sign additional upside potential.
On the draw back, we see that the MFI is presently at 40.35, which is under the midpoint of fifty. This might point out that though the pattern is bullish, there isn’t a overwhelming shopping for stress, indicating warning amongst merchants. An MFI worth under 50 in a rising market can typically point out underlying pattern weak point or a possible consolidation section.
Gnosis (GNO) Value Prediction 2024
Gnosis (GNO) is predicted to see its value vary between $210 and $260 in 2024. This forecast is supported by the asset's present proximity to the higher Bollinger band, which signifies sturdy bullish sentiment, but additionally suggests potential volatility and value corrections. The instant assist stage of the 20-period SMA at $190.55, together with sustained buying and selling above this stage, suggests a continued upward trajectory focusing on near-term resistance round $196.
Gnosis (GNO) Value Prediction 2025
For 2025, GNO might doubtlessly attain between $230 and $300. Because the DeFi panorama evolves, GNO's progressive options in prediction markets can proceed to draw investor curiosity and assist the upward pattern. Continued market confidence, mirrored in holding ranges above key SMAs (50, 100 and 200 durations), signifies a steady consumers' market with a robust bullish outlook.
Gnosis (GNO) 2026 Value Prediction
By 2026, the value of GNO is predicted to rise additional, with projections between $270 and $340. Continued dominance within the DeFi area, coupled with additional technological developments and presumably increasing market functions for Gnosis platforms, might result in this improve. Technical indicators counsel that the bullish pattern might proceed if the GNO continues to carry out nicely towards its shifting averages.
Gnosis (GNO) Value Prediction 2027
In 2027, the value forecast for GNO is between $310 and $380. This development is predicted because the cryptocurrency market doubtlessly matures and extra decentralized monetary options turn out to be mainstream, benefiting platforms like Gnosis which have constructed a robust foothold available in the market.
Gnosis (GNO) 2028 Value Prediction
For 2028, GNO forecasts buying and selling between $350 and $420. The continued upward pattern could possibly be fueled by wider adoption throughout the Ethereum ecosystem and presumably new partnerships or integrations, enhancing the market utility and attraction of Gnosis.
Gnosis (GNO) 2029 Value Prediction
The value of GNO might rise to $400-$500 by 2029. This important improve will be attributed to the fruits of long-term growth targets, an expanded consumer base, and additional entrenched DeFi integrations that leverage Gnosis' predictive market instruments.
Gnosis (GNO) 2030 Value Prediction
By 2030, the GNO is predicted to achieve between $450 and $550. This optimistic situation assumes that Gnosis will proceed to innovate and lead within the DeFi sector, supported by a steady and more and more optimistic market sentiment, and maybe attain new all-time highs due to its continued technological and market developments.
Steadily requested questions
Gnosis operates on the Ethereum community and focuses on constructing decentralized prediction markets and a safe pockets infrastructure, permitting customers to securely commerce outcomes and handle belongings.
GNO presently trades at $194.44 with a market capitalization of $503.51 million. It’s ranked one hundred and twenty fifth on CoinMarketCap, reflecting a gradual presence available in the market.
The value of GNO could possibly be affected by additional developments in DeFi applied sciences, regulatory adjustments, broader financial elements and ongoing venture improvements.
Given the present traits and growth trajectory, Gnosis has the potential to exceed $550 by 2030, cementing its position as a frontrunner within the DeFi area.
Disclaimer: The knowledge offered on this article is for informational and academic functions solely. This text doesn’t represent monetary recommendation or recommendation of any type. Coin Version shall not be responsible for any losses incurred on account of the usage of stated content material, services or products. Readers are suggested to train warning earlier than taking any motion associated to the Firm.
