Friday, December 9, 2022
 

Gnosis (GNO) Price Prediction: Will GNO reach $600 in 2022?

  • Bullish GNO price prediction ranges from $219.2 to $597.4.
  • GNO price might also reach $600 this 2022.
  • GNO’s bearish market price prediction for 2022 is $98.5.

Gnosis is an Ethereum-based project that was launched in April 2017. Its native token is denoted as GNO.

Gnosis investors are bullish on the token since it has had a return on investment (ROI) of over 20 times in the past 2 years. The crypto bubble of 2021, led to the surge in the price of GNO to its present all-time high (ATH) of $1088.87 which was attained in November 2021. Irrespective of the recent crypto winter, GNO investors are confident that the future of GNO is bullish.

If you are interested in the future of Gnosis (GNO) and would want to know the price analysis and price prediction of GNO for 2022, 2023, 2024, 2025, 2026, up to 2030, keep reading this CoinEdition article.

What is Gnosis (GNO)?

Gnosis (GNO) was founded in 2015 by Martin Koppelmann and Stefan George. The prediction market was later launched in April 2018 after it raised funds to start up its team.

The three main arms of Gnosis are the prediction market, decentralized exchange, and wallet solutions. Its native token GNO is used to gain discounts and access to the platform.

The new market mechanism of decentralized finance (DEFI) adopted by Gnosis ensures that users can create, trade, and store digital assets on the Ethereum blockchain.

Developers who wish to build on the Gnosis platform can access funds up to $100,000 that are provided by the Gnosis Ecosystem Fund (GECO). These funds are used in mentoring, marketing, and funding the new invention.

Gnosis (GNO) Current Market Status

The maximum supply of Gnosis (GNO) is 10,000,000 GNO while its circulating supply is 2,579,588 GNO according to CoinMarketCap. At the time of writing, GNO is trading for $187.58 which represents a 24 hours increase of 6.80%. The trading volume of Gnosis in the past 24 hours is $21.38 million which represents a 436% increase.

Some of the top cryptocurrency exchanges for trading Gnosis (GNO) are Binance, Huobi Global, Coinbase, Kraken, Gate.io, and others.

Now that you have known what GNO is and its current market status, we shall discuss the price analysis of Gnosis (GNO) for 2022.

Gnosis (GNO) Price Analysis 2022

Currently, GNO is ranked in the 80th position on CoinMarketCap. Will developments and upgrades within the Gnosis community lead to a rising in the price of Gnosis (GNO)? We shall see this in this CoinEdition price analysis 2022 article.

Gnosis (GNO) Price Analysis- Keltner Channel

GNO/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)
GNO/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner Channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Gnosis (GNO), it could be seen that the present bullish run could continue since the recent candlesticks are within the first half of the chart from the top. Also, since the last candlestick is bullish, the present increase in the price of GNO might be sustained before any reversal would be expected.

Gnosis (GNO) Price Analysis- Relative Strength Index

GNO/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)
GNO/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of Gnosis (GNO) 1day chart of GNO/USDT is at 59.15.  This shows that GNO is showing a strong trend since it is between 50 and 70. This value could trigger a further bullish run if more buyers could be attracted to gain from the expected price increase to the 70 RSI value, which is the overbought region, before any price correction soon.

Gnosis (GNO) Price Prediction-Moving Averages

GNO/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)
GNO/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)

The chart above shows the 1Day chart of GNO 200-day and 100-day Moving Average (MA). Presently, GNO is on a bullish trend as indicated in the recent uptrend. Since the 200-MA is below the 100-MA, we can deduce the price is bullish for short-term hodlers.

Also, since the gap between the moving averages is wide and within the recently formed candlesticks, the price of Gnosis (GNO) might experience a big rise or fall in the future.

Gnosis (GNO) Price Prediction 2022

GNO/USDT 1Day Chart (Source: Tradingview)
GNO/USDT 1Day Chart (Source: Tradingview)

From the chart above, we can observe that the price of Gnosis (GNO) was ranging between $483.5 at the resistance5 level and $219.2 at the resistance1 level, in the past few months, and then touched the $98.5 support3 level and $155.5 support1 level.

Irrespective of this sideways movement in the price of GNO, we can deduce the following:

  1. The price of Gnosis (GNO) is expected to reverse at the $219.2 resistance1 level, due to the history at that price in May 2022. If investors have their way, the price of GNO could surge higher to the $269.3 resistance2 level before reversing, due to the formation of a double top.
  2. The reversal at resistance1 level, could lead to a further decrease in the price of GNO up to support3 level at $98.5, until a triple bottom is formed. This could lead to a bullish reversal.

Meanwhile, our long-term GNO price prediction for 2022 is bullish since it might break many psychological resistances. We can expect GNO to reach $600 this year.

Gnosis (GNO) Price Prediction-Resistance and Support Levels

GNO/USDT 1Day Chart (Source: Tradingview)
GNO/USDT 1Day Chart (Source: Tradingview)

This bullish chart shows that the price of GNO has increased by 24.6% in the past 14 days. If this price increase continues, GNO could break the $219.2 resistance1 level and move higher to $597.4 at the resistance6 level, and even higher, the bullish signal for 2022.

However, if sellers have their way, the price of GNO might be dethroned from its present uptrend position. In simpler terms, GNO might trend below the $98.5 support3 level, and even lower in 2022, a bearish signal.

Gnosis (GNO) Price Prediction 2023

Gnosis (GNO) might hit $800 in 2023 if this bullish trend continues. Moreover, in the first half of 2023, the price of GNO will see rapid growth to $700. The growth will thereafter moderate, but no significant drops are predicted. By upgrading burning rewards, investors could burn more GNO thereby reducing its volume in circulation. This could make the price of GNO reach GNO shortly.

Gnosis (GNO) Price Prediction 2024

Gnosis (GNO) price could hold the support level around 200-MA, the long-term moving average of 200 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $1000, making it not plummet but play consistently. Additionally, this could only be possible if GNO breaks through past psychological resistance levels.

Gnosis (GNO) Price Prediction 2025

Gnosis (GNO) prices might grow past $1200 during the next three years. Furthermore, hitting this level might not be so tough for GNO due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, GNO has a strong chance of reaching a new all-time high (ATH) price.

Gnosis (GNO) Price Prediction 2026

Gnosis (GNO) prices might grow past $1400 during the next four years. Furthermore, hitting this level might not be so tough for GNO due to new medium, short-term, and long-term price objectives for purchase or seller orders may be discovered. According to the forecast, GNO has a strong chance of reaching a new all-time high (ATH) price.

Gnosis (GNO) Price Prediction 2027

Gnosis (GNO) prices might grow past $1600 during the next five years. Furthermore, hitting this level might not be so tough for GNO due to new medium, short-term, and long-term price objectives for purchase or seller orders may be discovered. According to the forecast, GNO has a strong chance of reaching a new all-time high (ATH) price.

Gnosis (GNO) Price Prediction 2028

Gnosis (GNO) prices might grow past $1800 during the next six years. Furthermore, hitting this level might not be so tough for GNO due to new medium, short-term, and long-term price objectives for purchase or seller orders may be discovered. According to the forecast, GNO has a strong chance of reaching a new all-time high (ATH) price.

Gnosis (GNO) Price Prediction 2029

Gnosis (GNO) prices might grow past $2000 during the next seven years. Furthermore, hitting this level might not be so tough for GNO due to new medium, short-term, and long-term price objectives for purchase or seller orders may be discovered. According to the forecast, GNO has a strong chance of reaching a new all-time high (ATH) price.

Gnosis (GNO) Price Prediction 2030

Gnosis (GNO) prices might grow past $3000 during the next eight years. Furthermore, hitting this level might not be so tough for GNO due to new medium, short-term, and long-term price objectives for purchase or seller orders may be discovered. According to the forecast, GNO has a strong chance of reaching a new all-time high (ATH) price.

Conclusion

As said above, Gnosis might reach $600 in 2022 and $3000 by 2030 if investors have decided that GNO is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is Gnosis (GNO)?

Gnosis is an Ethereum-based token with the symbol GNO.

How to buy Gnosis Token?

Like other cryptocurrencies, Gnosis (GNO) can be traded in cryptocurrency exchanges like Binance, Huobi Global, Coinbase, Gate.io, Kraken, and others.

Will Gnosis surpass its present ATH?

Gnosis has a low possibility of surpassing its present all-time high (ATH) price of $1088.87 in 2022.

When was Gnosis (GNo) launched?

It was launched in April 2017.

What will be the Gnosis (GNO) price by 2023?

Gnosis (GNO) price is expected to reach $800 by 2023.

What will be the Gnosis (GNO) price by 2024?

Gnosis (GNO) price is expected to reach $1000 by 2024.

What will be the Gnosis (GNO) price by 2025?

Gnosis (GNO) price is expected to reach $1200 by 2025.

What will be the Gnosis (GNO) price by 2026?

Gnosis (GNO) price is expected to reach $1400 by 2026.

What will be the Gnosis (GNO) price by 2027?

Gnosis (GNO) price is expected to reach $1600 by 2027.

What will be the Gnosis (GNO) price by 2028?

Gnosis (GNO) price is expected to reach $1800 by 2028.

What will be the Gnosis (GNO) price by 2029?

Gnosis (GNO) price is expected to reach $2000 by 2029.

What will be the Gnosis (GNO) price by 2030?

Gnosis (GNO) price is expected to reach $3000 by 2030.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. CoinEdition and its affiliates will not be held liable for any direct or indirect damage or loss.

More Crypto Price Predictions:

  • Bullish GNO price prediction ranges from $219.2 to $597.4.
  • GNO price might also reach $600 this 2022.
  • GNO’s bearish market price prediction for 2022 is $98.5.

Gnosis is an Ethereum-based project that was launched in April 2017. Its native token is denoted as GNO.

Gnosis investors are bullish on the token since it has had a return on investment (ROI) of over 20 times in the past 2 years. The crypto bubble of 2021, led to the surge in the price of GNO to its present all-time high (ATH) of $1088.87 which was attained in November 2021. Irrespective of the recent crypto winter, GNO investors are confident that the future of GNO is bullish.

If you are interested in the future of Gnosis (GNO) and would want to know the price analysis and price prediction of GNO for 2022, 2023, 2024, 2025, 2026, up to 2030, keep reading this CoinEdition article.

What is Gnosis (GNO)?

Gnosis (GNO) was founded in 2015 by Martin Koppelmann and Stefan George. The prediction market was later launched in April 2018 after it raised funds to start up its team.

The three main arms of Gnosis are the prediction market, decentralized exchange, and wallet solutions. Its native token GNO is used to gain discounts and access to the platform.

The new market mechanism of decentralized finance (DEFI) adopted by Gnosis ensures that users can create, trade, and store digital assets on the Ethereum blockchain.

Developers who wish to build on the Gnosis platform can access funds up to $100,000 that are provided by the Gnosis Ecosystem Fund (GECO). These funds are used in mentoring, marketing, and funding the new invention.

Gnosis (GNO) Current Market Status

The maximum supply of Gnosis (GNO) is 10,000,000 GNO while its circulating supply is 2,579,588 GNO according to CoinMarketCap. At the time of writing, GNO is trading for $187.58 which represents a 24 hours increase of 6.80%. The trading volume of Gnosis in the past 24 hours is $21.38 million which represents a 436% increase.

Some of the top cryptocurrency exchanges for trading Gnosis (GNO) are Binance, Huobi Global, Coinbase, Kraken, Gate.io, and others.

Now that you have known what GNO is and its current market status, we shall discuss the price analysis of Gnosis (GNO) for 2022.

Gnosis (GNO) Price Analysis 2022

Currently, GNO is ranked in the 80th position on CoinMarketCap. Will developments and upgrades within the Gnosis community lead to a rising in the price of Gnosis (GNO)? We shall see this in this CoinEdition price analysis 2022 article.

Gnosis (GNO) Price Analysis- Keltner Channel

GNO/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)
GNO/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner Channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Gnosis (GNO), it could be seen that the present bullish run could continue since the recent candlesticks are within the first half of the chart from the top. Also, since the last candlestick is bullish, the present increase in the price of GNO might be sustained before any reversal would be expected.

Gnosis (GNO) Price Analysis- Relative Strength Index

GNO/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)
GNO/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of Gnosis (GNO) 1day chart of GNO/USDT is at 59.15.  This shows that GNO is showing a strong trend since it is between 50 and 70. This value could trigger a further bullish run if more buyers could be attracted to gain from the expected price increase to the 70 RSI value, which is the overbought region, before any price correction soon.

Gnosis (GNO) Price Prediction-Moving Averages

GNO/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)
GNO/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)

The chart above shows the 1Day chart of GNO 200-day and 100-day Moving Average (MA). Presently, GNO is on a bullish trend as indicated in the recent uptrend. Since the 200-MA is below the 100-MA, we can deduce the price is bullish for short-term hodlers.

Also, since the gap between the moving averages is wide and within the recently formed candlesticks, the price of Gnosis (GNO) might experience a big rise or fall in the future.

Gnosis (GNO) Price Prediction 2022

GNO/USDT 1Day Chart (Source: Tradingview)
GNO/USDT 1Day Chart (Source: Tradingview)

From the chart above, we can observe that the price of Gnosis (GNO) was ranging between $483.5 at the resistance5 level and $219.2 at the resistance1 level, in the past few months, and then touched the $98.5 support3 level and $155.5 support1 level.

Irrespective of this sideways movement in the price of GNO, we can deduce the following:

  1. The price of Gnosis (GNO) is expected to reverse at the $219.2 resistance1 level, due to the history at that price in May 2022. If investors have their way, the price of GNO could surge higher to the $269.3 resistance2 level before reversing, due to the formation of a double top.
  2. The reversal at resistance1 level, could lead to a further decrease in the price of GNO up to support3 level at $98.5, until a triple bottom is formed. This could lead to a bullish reversal.

Meanwhile, our long-term GNO price prediction for 2022 is bullish since it might break many psychological resistances. We can expect GNO to reach $600 this year.

Gnosis (GNO) Price Prediction-Resistance and Support Levels

GNO/USDT 1Day Chart (Source: Tradingview)
GNO/USDT 1Day Chart (Source: Tradingview)

This bullish chart shows that the price of GNO has increased by 24.6% in the past 14 days. If this price increase continues, GNO could break the $219.2 resistance1 level and move higher to $597.4 at the resistance6 level, and even higher, the bullish signal for 2022.

However, if sellers have their way, the price of GNO might be dethroned from its present uptrend position. In simpler terms, GNO might trend below the $98.5 support3 level, and even lower in 2022, a bearish signal.

Gnosis (GNO) Price Prediction 2023

Gnosis (GNO) might hit $800 in 2023 if this bullish trend continues. Moreover, in the first half of 2023, the price of GNO will see rapid growth to $700. The growth will thereafter moderate, but no significant drops are predicted. By upgrading burning rewards, investors could burn more GNO thereby reducing its volume in circulation. This could make the price of GNO reach GNO shortly.

Gnosis (GNO) Price Prediction 2024

Gnosis (GNO) price could hold the support level around 200-MA, the long-term moving average of 200 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $1000, making it not plummet but play consistently. Additionally, this could only be possible if GNO breaks through past psychological resistance levels.

Gnosis (GNO) Price Prediction 2025

Gnosis (GNO) prices might grow past $1200 during the next three years. Furthermore, hitting this level might not be so tough for GNO due to new medium, short-term, and long-term price objectives for purchase or sell orders may be discovered. According to the forecast, GNO has a strong chance of reaching a new all-time high (ATH) price.

Gnosis (GNO) Price Prediction 2026

Gnosis (GNO) prices might grow past $1400 during the next four years. Furthermore, hitting this level might not be so tough for GNO due to new medium, short-term, and long-term price objectives for purchase or seller orders may be discovered. According to the forecast, GNO has a strong chance of reaching a new all-time high (ATH) price.

Gnosis (GNO) Price Prediction 2027

Gnosis (GNO) prices might grow past $1600 during the next five years. Furthermore, hitting this level might not be so tough for GNO due to new medium, short-term, and long-term price objectives for purchase or seller orders may be discovered. According to the forecast, GNO has a strong chance of reaching a new all-time high (ATH) price.

Gnosis (GNO) Price Prediction 2028

Gnosis (GNO) prices might grow past $1800 during the next six years. Furthermore, hitting this level might not be so tough for GNO due to new medium, short-term, and long-term price objectives for purchase or seller orders may be discovered. According to the forecast, GNO has a strong chance of reaching a new all-time high (ATH) price.

Gnosis (GNO) Price Prediction 2029

Gnosis (GNO) prices might grow past $2000 during the next seven years. Furthermore, hitting this level might not be so tough for GNO due to new medium, short-term, and long-term price objectives for purchase or seller orders may be discovered. According to the forecast, GNO has a strong chance of reaching a new all-time high (ATH) price.

Gnosis (GNO) Price Prediction 2030

Gnosis (GNO) prices might grow past $3000 during the next eight years. Furthermore, hitting this level might not be so tough for GNO due to new medium, short-term, and long-term price objectives for purchase or seller orders may be discovered. According to the forecast, GNO has a strong chance of reaching a new all-time high (ATH) price.

Conclusion

As said above, Gnosis might reach $600 in 2022 and $3000 by 2030 if investors have decided that GNO is a good investment along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is Gnosis (GNO)?

Gnosis is an Ethereum-based token with the symbol GNO.

How to buy Gnosis Token?

Like other cryptocurrencies, Gnosis (GNO) can be traded in cryptocurrency exchanges like Binance, Huobi Global, Coinbase, Gate.io, Kraken, and others.

Will Gnosis surpass its present ATH?

Gnosis has a low possibility of surpassing its present all-time high (ATH) price of $1088.87 in 2022.

When was Gnosis (GNo) launched?

It was launched in April 2017.

What will be the Gnosis (GNO) price by 2023?

Gnosis (GNO) price is expected to reach $800 by 2023.

What will be the Gnosis (GNO) price by 2024?

Gnosis (GNO) price is expected to reach $1000 by 2024.

What will be the Gnosis (GNO) price by 2025?

Gnosis (GNO) price is expected to reach $1200 by 2025.

What will be the Gnosis (GNO) price by 2026?

Gnosis (GNO) price is expected to reach $1400 by 2026.

What will be the Gnosis (GNO) price by 2027?

Gnosis (GNO) price is expected to reach $1600 by 2027.

What will be the Gnosis (GNO) price by 2028?

Gnosis (GNO) price is expected to reach $1800 by 2028.

What will be the Gnosis (GNO) price by 2029?

Gnosis (GNO) price is expected to reach $2000 by 2029.

What will be the Gnosis (GNO) price by 2030?

Gnosis (GNO) price is expected to reach $3000 by 2030.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. CoinEdition and its affiliates will not be held liable for any direct or indirect damage or loss.

More Crypto Price Predictions:

 

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