Price Analysis View Non-AMP

Chainlink (LINK) & Aave (AAVE) Explode as Trump’s Firm Buys $1M Worth of Tokens Each—A New ATH at $100 & $1000 is Loading

Published by
Sahana Vibhute

Bitcoin price is back above $100K! After juggling below the levels for a couple of days, the token raised, squashing the bearish possibility This shook up the entire market, while positive rounds around the popular tokens like ETH, LINK, & AAVE attracted double-digit gains. As per the reports, the company owned by the new president-elect Donald Trump, World Liberty Financial, swapped over $5 million USDC for Ethereum, Chainlink, & Aave. With this, the ETH holdings reached $55 million, and LINK & AAVE reached above $1 million each. 

Soon after this, the prices of LINK & AAVE triggered a massive upswing, attracting over 15% gains; meanwhile, the ETH price continues with its consolidated gains. The LINK price has attained levels not seen since January 2022, suggesting a strong influx of bullish volume onto the token. Donald Trump’s win had triggered the markets and the round of LINK accumulation is expected to elevate the LINK price rally towards new highs. 

The LINK price rally has surpassed the crucial resistance zone between $27.32 and $28.26 with huge backing from the bulls. While the weekly RSI surged above the upper threshold, the MACD shows the rise in the buying volume. Moreover, the token underwent a bullish ‘Golden Cross’ that may offer more momentum. The next level to watch is around $34.39, which may clear the path to $40 if the zone between $37 & $37.5 is cleared. 

The current trade set-up suggests the Chainlink price has just entered a bullish range and a bullish yearly close above $40 could trigger a massive bullish wave towards a 3-digit figure. On the other hand, AAVE, in which Trump’s company holds over $1 million, also demonstrated a similar rise, suggesting a huge confidence of traders over the token.

The AAVE price is about to reach the neckline of the parabolic recovery curve that could further push the price towards the final resistance zone between $516 and $566. With this, the weekly RSI has surpassed the upward threshold for the first time since inception. Moreover, the token may experience the very first weekly Golden Cross that could push the price beyond the current ATH at $668. Once these levels are reached, then the AAVE price is expected to surge and reach the milestone at $1000 during the upcoming Altseason. 

Sahana Vibhute

A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the prime focus of my task.

Recent Posts

Solana (SOL) Poised to Hit $145 Level, Here’s Why

SOL, the native token of the Solana blockchain, seems to be shifting its bearish market…

April 5, 2025

Time to Buy Ethereum? Whales Buy 15,563 ETH Amid Price Crash

Despite the bearish market sentiment, crypto whales are showing strong interest in Ethereum (ETH). Data…

April 4, 2025

Navigate the Markets with Confidence: OnEquity’s Comprehensive Trader Glossary

March 2025 – In the dynamic world of trading, a solid understanding of key terms…

April 4, 2025

What Will the Price of Pi Network (PI) Be If It Matches Ripple’s (XRP) Market Cap?

Even after Pi Network's listings on significant exchanges, its price swings and ongoing essential developments…

April 4, 2025

Cardano (ADA) Stumbles with 8% Drop, but Ruvi AI’s (RUVI) Token Takes Center Stage for Crypto Investors with 100% Bonus

The cryptocurrency market has once again found itself under the spotlight, with Cardano (ADA) seeing…

April 4, 2025

Is Pi Coin Headed to Zero Amid Rug Pull Fears?

Pi Coin has dropped to an all-time low of $0.51, marking an 83% drop since…

April 4, 2025