Altcoins

Gnosis Market Report: $GNO Top Gainer

Brief:


Gnosis is the top daily gainer on Poloniex on a relatively small volume. Gnosis is up 26.12% in 24 hours, up 9.24% on the week and down -36.13% on the month on a last price of 0.02982680 or about $124.23. $GNO/BTC is trading between a 24hr high of 0.03280000 ($136.62) and a 24hr low of 0.02360000 ($98.30) on a 24hr Poloniex volume of 228 BTC. The weekly trend is mixed.

Last price

0.02982680 $GNO/BTC

$USD

last price $ 124.23
one week ago $ 113.73
percentage 9.23%

Volume

Volume

The 24 hour volume on Poloniex is 228 BTC. This is relatively light volume compared with the much higher volume during the bull market in late June 2017.

Remarks

Gnosis is the top daily gainer on Poloniex on a relatively small volume. Gnosis is up 26.12% in 24 hours, up 9.24% on the week and down -36.13% on the month on a last price of 0.02982680 or about $124.23.

CoinMarketCap YTD Chart

$GNO spent the first half of 2017 climbing on an uptrend until late June. After reaching that peak the trend has been down in mixed trading in July, August and most of September. The question is whether or not the current spike is a breakout or a blip before a continued descent? Looking at the relatively low volume and the current amplitude of the spike at first glance the $GNO activity appears to be a temporary spike.

One Day Candles

24 Hours of Bitcoin
24 Hours of #Bitcoin
6.54% price $4,171.91
vol $1,520,140,000
mktcap $69,213,238,473
16.59M #XBT 20:46 #FinTech
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

Bitcoin has finally passed the resistance level at $4000 as it continues its upwards move. Recent positive influencers include the planned opening of a new bitcoin exchange in Korea, development by Uruguay of a crypto equivalent for their national currency, the re-election of a German chancellor whose economic results have been not unfavorable during their tenure, and continued widening of bitcoin acceptance by mainstream business.

The Chinese closure of their world famous bitcoin industry while unsettling to the industry in general, has not significantly changed the world demand for bitcoin. The positive news and reassertion of an upwards bitcoin price is calming the market.

XBTLivePriceTM
Bitcoin spot prices from four major exchanges at print time:

This surge in bitcoin price is likely to be helping the upwards climb of $GNO.

Yesterday

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Price change

Price change is the $GNO percentage change within the period:

period change
day 26.12%
week 9.24%
month -36.13%

Tap or click to enlarge:

Data source

Poloniex is the main data source for this report. Other sources are credited where used.

Market capitalization

Market capitalization is the total $US dollar value of the Gnosis market calculated using the formula:

market cap = ( circulating supply x last price )
Market cap $ 137,223,216
Circulating supply 1,104,590
Last price $ 124.23
Circulating supply data courtesy of CoinMarketCap.com.

Daily High Low

daily high 0.03280000
daily low 0.02360000

Trend

The weekly trend is mixed.

trend is MIXED

Support

Support is the lowest price within the period:

period support
day 0.02360000
week 0.02199642

Resistance

Resistance is the highest price within the period:

period resistance
day 0.03280000
week 0.03280000

Range

Range is the difference in price within the period:

period range
day 0.00920000
week 0.00252244

Market sentiment

Market sentiment is bullish.

sentiment bullish

Image courtesy Pixabay.com

Summary

Gnosis is the top daily gainer on Poloniex on a relatively small volume. Gnosis is up 26.12% in 24 hours, up 9.24% on the week and down -36.13% on the month on a last price of 0.02982680 or about $124.23. The weekly trend is mixed. $GNO/BTC saw weekly resistance at 0.03280000 and weekly support at 0.02199642. Market sentiment is bullish. The $GNO activity appears to be a temporary spike.

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Disclaimer

Past history is NOT an indicator of future results. Read the legal disclaimer:

http://kittybitcoin.com/docs/disclaimer.php

Printed

This report was printed on Wednesday September 27 2017 19:39 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

Coming soon

Thanks for reading! 🙂

Tags

Gnosis, $GNO, BTC, Poloniex, Market, Report, $GNO/BTC, altcoins

@KittyBitcoin supplies mobile friendly blockchain intelligence on http://kittybitcoin.com. Their favorite color is pink and the bigger the wool ball the better.
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