How High GNO Reach In 2024?

Gnosis crypto price is stretching more on the higher side, resuming the uptrend. The crypto has closed all the sessions of the week in green except Thursday when a weak candle was formed.

Talking about the data, the GNO cryptocurrency performed extremely well in the current week and turned out to be a multibagger for the short term Investors and traders. The crypto noted 15% gains this week.

The crypto resumed its way to the north after closing in green last week. The crypto performed well in the last week in the early sessions. However, it suffered rejection in later sessions, still closed at a gain of 4.5%. 

At the time of writing, the Gnosis crypto was at $247.24 with an intraday drop of 2.26%. It has a live market capitalization of $642.884 Million and ranks 100th in the overall crypto market. It has a 24 hour volume of 7.30 Million with a 19.51% drop over the previous session.

Gnosis Crypto Price Action Analysis

Moreover, the long term trend outlook stays on the positive side in recent months. The crypto is surging upwards forming higher highs and higher lows. The crypto has risen from a low of $111 in November to a high of $280 in January.

Thereafter, the GNO crypto experienced a pullback in the short term and dropped. However, the crypto bounced back higher from the 50-Day EMA and reversed its course in the short term.

Currently, the crypto is headed north to test the recent swing high and a round level of $250. The $250 level might act as a hurdle to buyers and make it a bit difficult for them to surpass it. 

From a technical perspective, the GNO price hovers above all the key EMAs suggesting a bullish outlook in the short term as well as long term. At the time of writing, the RSI line was at 70.45 points and SMA line was 60.43 suggesting a positive outlook. 

Gnosis Price Prediction February 2024

The most optimistic view of analysts estimates that the GNO crypto may attain a high of $281.03 by the end of February 2024. However, the pessimistic aspect of analysts suggests that the price could drop near the 50-Day EMA and a round level of $200 level.

Gnosis Crypto Price Prediction 2024

The price forecast for the year 2024 is that the GNO token price could reach a high of $436.84, suggesting a potential gain of over 77.71% if the most positive conditions prevail. Moreover, the bearish outlook of the analysts pegs the price at $342.51 by the year-end.

Gnosis Price Prediction 2025

By the year 2025, the Gnosis price may attain a high of $618.7 as the highest price on the positive side. On the flip side, the minimum price up to which the crypto price may rise by the year 2025 is $439.90.

Disclaimer

The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss. 

Steefan George is a crypto and blockchain enthusiast, with a remarkable grasp on market and technology. Having a graduate degree in computer science and an MBA in BFSI, he is an excellent technology writer at The Coin Republic. He is passionate about getting a billion of the human population onto Web3. His principle is to write like “explaining to a 6-year old”, so that a layman can learn the potential of, and get benefitted from this revolutionary technology.