- LINK and BTC were able to print a 24-hour gain while PEPE suffered a loss of over 4% during the same period.
- The analyst Ali revealed in an X post today that BTC holders are standing strong and remaining hopeful.
- Meanwhile, LINK emerged as one of the top performers over the past 24 hours after it retested the $6 mark.
The prices of LINK and BTC climbed over the past 24 hours, with LINK emerging as a top performer in the market. Meanwhile, the meme coin that had made headlines during this bear market, PEPE, saw its price plummet by more than 4% during the same period.
The popular cryptocurrency trader and analyst Ali revealed in an X post earlier today that long-term Bitcoin (BTC) holders are standing strong. In his post, the analyst included a snapshot of on-chain data from Glassnode, which showed that many BTC investors are hopeful that the market leader’s price could rise in the next few months.
Holders’ persistence was rewarded over the past day of trading, as the leading cryptocurrency’s price increased 0.51% during this period. This positive daily performance also pushed BTC’s weekly price performance further into the green zone to +3.12% as well. As a result, CoinMarketCap indicated that BTC was changing hands at $26,677.80 at press time.
Meanwhile, another renowned trader and analyst Michael van de Poppe stated that the price of Chainlink (LINK) is rising to $6.60 following a successful retest. According to the post, the altcoin’s price rebounded from the range low at $6 over the past few days. The analyst concluded his post by stating that the altcoin is “still an opportunity of a lifetime.”
LINK was one of the top performers in the market during the past 24 hours, as it achieved a gain of 6.55% — propelling its weekly performance to +10.19% as well. Subsequently, the altcoin was valued higher than the $6.60 target mentioned in van de Poppe’s post and stood at $6.63 at press time.
Meanwhile, the popular meme coin Pepe (PEPE) followed a completely different trend to that of LINK and BTC throughout the past 24 hours. At press time, the cryptocurrency was trading at $0.0000006335 after its price dropped 4.69%. Consequently, PEPE’s price stood closer to its 24-hour low of $0.0000006138 than its daily high of 0.0000006678.
Disclaimer: The views and opinions, as well as all the information shared in this price analysis, 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. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.