GNO Price Prediction 2024-2027: Will GNO Reach $500 Soon?

• 1 GNO coin has been on an uptrend since the end of October 2023.
• 2 The bulls are taking control and the trend will likely reverse.
• 3 The 2027 price prediction favors the bulls with a 156% surge from the current price.

The Gnosis (GNO/USDT) coin price started rising at the end of this October. The bulls reclaimed the support level of $121 mid-October. At press time, the GNO coin was trading at the level of $164 with its immediate resistance at $185. However, the weekly chart shows that the coin has been trading in a consolidation zone since the end of 2021, therefore if the trend reverses, then the bull could break through this resistance level.

GNO/USDT chart by Tradingview

GNO Price Prediction 2024-2027

GNO Price Prediction 2024

After the technical analysis of the weekly chart, a trend reversal seems possible by the middle of 2024. It is predicted that the price of the GNO coin can go as high as $193 in 2024 after making a growth of 15.5% from the current price. The average price could stay at $170 with the potential low at $147.

GNO Price Prediction 2025

By 2025, the coin is expected to show high volatility, reaching up to 136%. Its potential price could vary between $195 and $266. Moreover, it is predicted to grow by 37.82% compared to its previous year’s highest point.

GNO Price Prediction 2026

According to the analysis conducted, moderate growth is forecasted for the GNO coin in 2026. The coin is projected to attain its maximum value at $341, marking a 28.2% surge from its high in the preceding year. Nonetheless, the coin may also witness a dip to $246 due to the expected market instability. The average price for the year is estimated to be approximately $293.

GNO Price Prediction 2027

By 2027, GNO coin is likely to gain more popularity. The potential high price forecasted for GNO in 2027 is $429 while the bears could take the value to as low as $353. With a moderately high volatility, the average price for GNO coin will stay at $391.

Conclusion

Gnosis (GNO/USDT) coin price has risen as of late October. The weekly chart shows that the coin was trading in a consolidation zone before this surge. The future projections for the coin are bullish as there is a high chance of trend reversal.

Disclaimer

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

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