Chainlink’s price has surged significantly after the company swapped millions of USDC for ETH, LINK, and AAVE. The purchase of LINK and AAVE, valued at over $1 million each, coincided with a sudden uptick in their prices. LINK, in particular, has seen significant movement, breaking key resistance levels that had been holding the price back for nearly two years. As of now, LINK is trading at levels not seen since January 2022, signaling the strong influence of Trump’s firm and the market’s bullish sentiment.

Chainlink (LINK) Bulls Take Control

The LINK price has managed to surpass the crucial resistance zone between $27.32 and $28.26, with significant bullish backing. Technical indicators like the Relative Strength Index (RSI) have surged above the upper threshold, signaling increasing buying pressure. The Moving Average Convergence Divergence (MACD) also supports the rally, reflecting a rise in buying volume and positive market sentiment.

A noteworthy pattern, the “Golden Cross,” has appeared in LINK’s chart, signaling a continuation of the bullish trend. The next resistance level to watch is around $34.39, and if that level is broken, the LINK price could continue its upward trajectory toward $40, with a possible rally toward $100 in the long run, as more bullish pressure builds up.

If LINK can maintain this momentum and finish the year strong above $40, it could trigger a massive price surge that could push it toward three-digit territory—an ATH (all-time high) above $100 is looking more plausible than ever.

Aave (AAVE) Also Shows Strong Promise

Similarly, Aave (AAVE) has witnessed an impressive rise, mirroring the movements in LINK. World Liberty Financial’s $1 million investment into AAVE has significantly impacted its price, with the token gaining nearly 15% in value since the purchase was made public. AAVE is showing promising signs of continuing its bullish trend, with technical indicators pointing to further growth.

The price of AAVE is nearing a critical resistance zone between $516 and $566. Once AAVE breaks through this level, it could trigger a rally toward its previous all-time high (ATH) of $668. From there, the token could enter an even more explosive phase, with many analysts predicting a surge toward $1000 during the upcoming Altseason, especially if the token continues to maintain momentum and surpasses key resistance zones.

Aave’s potential to reach new all-time highs (ATHs) has been bolstered by the ongoing market sentiment and the increasing confidence among traders, partially spurred by the large investment by Trump’s company. The rise in the weekly RSI, which has surpassed upward thresholds, coupled with the Golden Cross formation, suggests that AAVE could be gearing up for its next big price move.

Ethereum’s Role and Market Overview

While Ethereum (ETH) continues to trade within a consolidated range, the attention around LINK and AAVE is growing rapidly. Ethereum’s strong performance in recent weeks has provided a solid foundation for altcoins like Chainlink and Aave to experience their own bullish rallies. As ETH continues to experience sustained price growth, it has paved the way for major moves in the broader altcoin market.

Conclusion: What’s Next for LINK & AAVE?

The recent surge in the prices of Chainlink (LINK) and Aave (AAVE) following the investments made by Trump’s company could signal the start of an extended bull run for both tokens. LINK is poised for further price increases, with a potential breakout toward $40 and beyond, while AAVE may soon test its previous ATH at $668 before pushing toward the $1000 mark during the Altseason.

If both tokens continue to exhibit strong bullish momentum, they could solidify their positions as key players in the cryptocurrency space, with massive growth potential in the coming months.