- 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.
Long-term #Bitcoin holders are standing strong and hopeful! pic.twitter.com/NnBcDt8uMK— Ali (@ali_charts) September 18, 2023
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.”
#Chainlink is moving up to $6.60 after an amazing retest of the range low at $6.It's still an opportunity of a lifetime.— Michaël van de Poppe (@CryptoMichNL) September 18, 2023
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.
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