What Does This Week Hold for the Crypto Market? Fed Decisions and Earnings in Focus

• How Will the Fed and Tech Earnings Shake the Crypto Market?
• Bitcoin (BTC): Can It Break Through $115,000?
• Ethereum (ETH): Struggling to Reclaim $4,100
• XRP: Early Signs of Recovery
• What to Expect This Week in Crypto
• FAQs

This week is pivotal for the crypto market, with the Federal Reserve's interest rate decision and major tech earnings reports set to dictate sentiment. Bitcoin (BTC) eyes a breakout above $115,000, ethereum (ETH) battles to reclaim $4,100, and XRP shows early signs of recovery. Macroeconomic liquidity, inflation concerns, and tech sector performance will be key drivers. Here’s a deep dive into what to expect.

How Will the Fed and Tech Earnings Shake the Crypto Market?

The crypto market has been tracking macroeconomic liquidity all year. A rate cut would mean cheaper capital, weaker yields, and higher risk appetite—all bullish for digital assets. But stubborn inflation and delayed economic data due to a government shutdown have created uncertainty. Markets hate guessing games. Meanwhile, earnings from tech giants like Microsoft, Apple, and Alphabet will heavily influence risk sentiment. Positive surprises in AI and cloud numbers could reignite enthusiasm, spilling over into crypto. Weak earnings, however, might trigger short-term outflows from risky assets, including cryptocurrencies. Data source:.

Bitcoin has quietly rebounded from its October lows, now trading around $112,600 with a 1.1% daily gain. Heikin Ashi candles show steady bullish momentum, while narrowing Bollinger Bands hint at an impending breakout. Key resistance lies at $115,000 (upper pivot and previous rejection zone), with immediate support at $110,000. A daily close above the middle Bollinger Band could attract more buyers, pushing BTC toward $118,000–$120,000 by early November. However, if the Fed disappoints or the dollar strengthens post-meeting, BTC might retest $107,000 before another rally attempt. This week’s forecast: bullish if rate cuts are confirmed and stock sentiment holds. Watch for a potential surge toward $120,000.

Ethereum (ETH): Struggling to Reclaim $4,100

ETH/USD Daily Chart - TradingView

Ethereum’s chart paints a cautious but improving picture. ETH hovers NEAR $4,000, slightly above its middle Bollinger Band. After weeks of sideways movement, green Heikin Ashi candles suggest buyers are slowly regaining control. Resistance sits at $4,072 (0.236 Fib pivot) and the 50-day SMA near $4,030. The good news? The lower band at $3,600 has held firm, signaling strong demand. A decisive close above $4,100 could target $4,400. Failure here might keep ETH range-bound, with a rejection pulling it back to $3,800. Historically, ETH outperforms during dovish cycles, so a rate cut could reignite institutional interest—especially if AI-related earnings boost market sentiment. This week’s forecast: neutral to bullish, with a confirmed breakout above $4,100 needed for momentum.

XRP: Early Signs of Recovery

XRP/USD Daily Chart - TradingView

Among the top three, XRP looks the most technically oversold and primed for a rebound. It trades near $2.62 after a 2.2% daily gain, just below its 0.382 Fib pivot at $2.64. The price has crossed the middle Bollinger Band, hinting at a short-term reversal. If buyers break $2.70, XRP could rally toward $2.85—the upper band and psychological barrier. A rejection here, however, might drag it back to $2.40 or even the 0.618 support near $2.30. Volatility remains high, so expect sharp intraday swings. This week’s forecast: bullish momentum building, with a potential push toward $2.80 if BTC stabilizes and broader sentiment improves.

What to Expect This Week in Crypto

The setup is clear: macro meets momentum. The Fed’s decision on Wednesday and big tech earnings through Thursday will determine whether this uptrend turns into a rally or stalls again. If Powell confirms a dovish stance and markets interpret it as the start of a prolonged easing cycle, expect BTC to challenge $115,000–$120,000, ETH to test $4,400, and XRP to stretch toward $2.80. But any hint of lingering inflation worries—or disappointing tech results—could trigger another short-term pullback. Bottom line: This is a make-or-break week. crypto is under macroeconomic pressure, and its next breakout direction could set the tone for November.

FAQs

What’s driving Bitcoin’s price this week?

Bitcoin’s price hinges on the Fed’s rate decision and tech earnings. A dovish Fed could push BTC toward $120K, while hawkish signals might test $107K support.

Can Ethereum break $4,100?

ETH needs to close decisively above $4,100 to target $4,400. Resistance at $4,072 (Fib pivot) and the 50-day SMA near $4,030 are key hurdles.

Is XRP oversold?

Yes, XRP appears technically oversold. A break above $2.70 could fuel a rally to $2.85, but rejection might pull it back to $2.40.