The upcoming White House Crypto Summit on 03/07 could have a major impact on the market, with discussions expected to focus on regulation and innovation. Five key assets - Hedera (HBAR), Chainlink (LINK), TRUMP, MELANIA, and Uniswap (UNI) - are currently in the spotlight, with increasing speculation about their potential inclusion in the US crypto reserve.
While HBAR and LINK have strong positions in their respective fields, TRUMP and MELANIA may receive increased attention due to their connection to the summit. Meanwhile, UNI's legal victory over the SEC has fueled discussions about its long-term role in the DeFi ecosystem.
Hedera (HBAR)
Hedera is one of the top 5 largest US-produced cryptocurrencies by market capitalization, trailing only XRP, Solana, and USDC, and very close to Chainlink. With XRP and Solana already included in the US crypto reserve and USDC being a stablecoin, speculation is growing that HBAR could be the next name to be added.
Such a move could drive strong price momentum as investors anticipate institutional adoption and government recognition.
Although down 7% in the past 24 hours, HBAR has gained over 13% in the past week. Its market capitalization fluctuates around $10.3 billion, reflecting sustained interest in the asset.
HBAR price analysis. Source: TradingView.If HBAR is added to the US crypto reserve, its price could surge, potentially testing key resistance levels at $0.29 and $0.32.
A stronger rally could push it further towards $0.37, and if the bullish momentum continues, HBAR could climb to $0.40, a level it has not reached since November 2021.
However, if the recent price correction is deeper and HBAR loses support at $0.22, it may face further downside, with $0.20 and $0.17 emerging as the next important support levels.
Chainlink (LINK)
Chainlink is a major player in the oracle space and has expanded its influence in real-world assets (RWA). Its role in both of these sectors strengthens its case for inclusion in the US strategic crypto reserve, alongside XRP and Solana.
With a market capitalization close to Hedera, LINK remains one of the most relevant US-produced cryptocurrencies since its launch in 2018. If it is added to the strategic reserve, demand could increase, driving its price higher.
LINK price analysis. Source: TradingView.A potential inclusion could push LINK to test the $17.6 level, with subsequent breakouts leading to $19.7 and $22.3. If the momentum remains strong, it could climb to $26.4, surpassing the $26 mark for the first time since mid-December 2024.
However, a market downturn could see LINK test support at $15.7, with further declines towards $14 or even $13.45.
Official Trump (TRUMP)
The Trump Crypto Summit could have a significant impact on his meme coin, Official Trump (TRUMP), which has struggled below $20 for over two weeks. This event may reignite interest in the coin, potentially reversing its recent downtrend.
TRUMP was once one of the most heavily promoted meme coins, quickly reaching a market capitalization of $15 billion on its first day and becoming the third-largest meme coin. However, it has since lost 80% of its value, with a current market cap of around $2.9 billion.
TRUMP price analysis. Source: TradingView.If the momentum picks up, TRUMP could test resistance at $17, $20, and $24.5, with a strong rally potentially pushing it towards $30 for the first time since January.
However, if the correction continues, TRUMP may test support at $12.1 or $11, with a breakdown below $11 marking its lowest price since launch.
Melania Meme (MELANIA)
Similar to TRUMP, MELANIA may also receive a boost from the Trump Crypto Summit. Launched on 01/19, MELANIA quickly surged, reaching a market capitalization of $2 billion within a few hours. However, it has since plummeted, dropping $50 in the past 30 days and struggling to find support.
MELANIA has traded below $1 for nearly a week and is currently near its all-time low. A strong recovery could push the price back to $1.29 and $1.39, with the potential to spike to $1.61 for the first time since 02/06.
MELANIA price analysis. Source: TradingView.However, if the momentum fails to increase, MELANIA may continue to slide below $0.80 and $0.70, setting new record lows.
The outcome of the summit could play a crucial role in MELANIA's price action. If interest returns, it may recoup its losses, but if sentiment remains weak, further declines could occur.
Uniswap (UNI)
Uniswap remains one of the most important DeFi applications, although it has sometimes lost its leading position to competitors like Raydium, Hyperliquid, and Pumpfun.
With the SEC dropping its case against Uniswap, there is speculation that UNI could be one of the Made in USA cryptocurrencies included in the US strategic crypto reserve. If that happens, UNI could surge to test resistance at $8.5, with the potential to climb to $9.64 and even above $10 for the first time since mid-February.
UNI Price Analysis. Source: TradingView.However, UNI has declined 33% in the past 30 days, and the correction may continue if buyers remain hesitant.
A further price drop could see the UNI price test the support level at $7.42. If this level is lost, it could drop to $7 or even lower for the first time since 01/2024.
