Crypto Market Outlook: Week Open Volatility & Key Levels to Watch
As we begin a new week and a new month, volatility is high and uncertainty is elevated—particularly ahead of the upcoming FOMC meeting on Wednesday.
Bitcoin (BTC)
Current Support: $95,400 (7-day rolling VWAP + Fair Value Gap + Single Prints)
Key Resistance to Reclaim: $95,800
Bullish Confirmation: Break and hold above $95,800 could trigger a move to $96,400–$97,000
Wildcard Support: $94,950 (200 EMA + POC from previous range)
Breakdown Scenario: Rejection at $95,500 without strong bounce from $94,950 could send BTC to $94,200
Altcoins to Watch
Stable despite broader market de-risking.
Support: ~$0.21
Bearish Scenario: Sharp BTC pullback could drag XRP to $0.205
Outlook: Likely to stay steady unless broader market crashes.
Initia (INIT)
Support: $0.68
Target: $0.82–$0.84
Volume is climbing, setup points to continuation if momentum holds.
Virtual (VIRTUAL/USDT)
Key Level: $1.75
Trade Setup: High volatility zone, breakout or breakdown from $1.75 could offer good long or short opportunity.
Hedera (HBAR)
Support: $0.175
Target if Held: $0.193–$0.20
Breakdown: If $0.175 fails, short opportunity opens.
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Summary
Expect heavy volatility with week open + FOMC press conference ahead.
BTC holds the key—watch the $95.800 reclaim or $94.950 reaction for trend clues.
Several altcoins (INIT, VIRTUAL, HBAR) are at pivotal levels with breakout potential.