The upcoming White House Crypto Summit could have a major impact on the market

Five key assets – Hedera (HBAR), Chainlink (LINK), TRUMP, MELANIA, and Uniswap (UNI) – are currently in the spotlight

The upcoming White House Crypto Summit on March 7 could have a major impact on the market, with discussions set to focus on regulation and innovation.

Five key assets – Hedera (HBAR), Chainlink (LINK), TRUMP, MELANIA, and Uniswap (UNI) – are currently in the spotlight, with speculation rising about their potential inclusion in the US crypto reserve.

While HBAR and LINK hold strong positions in their respective sectors, TRUMP and MELANIA could see increased attention due to their ties to the summit.

Meanwhile, UNI’s regulatory win against the SEC has fueled discussions about its long-term role in the DeFi ecosystem.

Hedera (HBAR)

Among the top 5 biggest Made in USA cryptos by market cap is Hedera, closely trailing XRP, Solana, and USDC, and very close to Chainlink.

With XRP and Solana already part of the US crypto reserve and USDC being a stablecoin, speculation is growing that HBAR could be next in line for inclusion.

Such a move would likely drive significant bullish momentum as investors anticipate increased institutional adoption and government recognition.

Despite a 7% decline in the last 24 hours, HBAR has risen more than 13% in the past week. Its market cap hovers 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 toward $0.37, and if bullish momentum continues, HBAR could climb to $0.40, a level it hasn’t reached since November 2021.

However, if the recent price retracement deepens and HBAR loses support at $0.22, it could face further downside, with $0.20 and $0.17 emerging as the next critical support levels.

Chainlink (LINK)

Chainlink is a major player in the oracle sector and has been expanding its influence in real-world assets (RWA). Its role in both industries strengthens its case for inclusion in the US crypto strategic reserve, alongside XRP and Solana.

With a market cap close to Hedera’s, LINK remains one of the most relevant Made in USA cryptos since its launch in 2018. If it is added to the strategic reserve, demand could rise, driving its price higher.

LINK Price Analysis. Source: TradingView.

A potential inclusion could push LINK to test $17.6, with further breakouts leading to $19.7 and $22.3. If momentum stays strong, it could climb to $26.4, surpassing $26 for the first time since mid-December 2024.

However, a market downturn could see LINK testing support at $15.7, with further declines toward $14 or even $13.45.

OFFICIAL TRUMP (TRUMP)

Trump’s Crypto Summit could have a major impact on his meme coin, Official Trump (TRUMP), which has been struggling below $20 for over two weeks. The event could reignite interest in the coin, potentially reversing its recent downtrend.

TRUMP was one of the most hyped meme coins ever, briefly reaching a $15 billion market cap on its first day and becoming the third-largest meme coin. However, it has since lost 80% of its value, with its market cap now around $2.9 billion.

TRUMP Price Analysis. Source: TradingView.

If momentum picks up, TRUMP could test resistance at $17, $20, and $24.5, with a strong rally potentially pushing it toward $30 for the first time since January.

However, if the correction continues, TRUMP could test support at $12.1 or $11, with a break below $11 marking its lowest price since launch.

Melania Meme (MELANIA)

Just like TRUMP, MELANIA could also see a boost from Trump’s Crypto Summit. Launched on January 19, MELANIA quickly surged, reaching a $2 billion market cap within hours.

However, it has been in a steep decline since then, dropping $50 in the last 30 days and struggling to find support.

MELANIA has been trading below $1 for nearly a week and is currently near its all-time lows. A strong rebound could push it back to $1.29 and $1.39, with a potential surge taking it to $1.61 for the first time since February 6.

MELANIA Price Analysis. Source: TradingView.

If momentum fails to pick up, however, MELANIA could