Gnosis (GNO) is currently priced at $126.94, reflecting a slight decline of 0.34% over the past 24 hours. The daily trading range has been relatively narrow at 3%, with the price oscillating between a high of $128.80 and a low of $125.80, indicating mild volatility.

The trading volume stands at approximately $8.03 million, contributing to a volume-to-market cap ratio of 2.40%, suggesting moderate liquidity. Short-term moving averages show a bearish sentiment, with the 8 SMA and 13 SMA indicating declines of 0.65% and 0.73%, respectively, while the longer-term 55 SMA and 144 SMA show positive trends of 3.24% and 9.39%.

The 1-hour RSI is at 43, indicating that GNO is nearing oversold territory in the short term, while the 7-day RSI at 64 suggests a relatively strong momentum over a longer timeframe. Over the past week, GNO has increased by approximately 16.07%, with even more substantial growth of 17.84% over the last 14 days, indicating a positive trend in the medium term.

Despite the recent price drop, Gnosis remains significantly below its all-time high of $644.20, achieved in November 2021. This suggests potential upside for long-term investors, especially if GNO can maintain its current upward momentum seen in the 55 and 144 SMAs.

Considering the current technical indicators and recent price movements, I recommend a Hold rating for Gnosis (GNO). The presence of strong support in the longer moving averages and the potential for recovery following recent price action suggests that investors may benefit from maintaining their positions in anticipation of a price rebound.