BTC/USD Current situation: The current situation is unchanged. On the daily chart you can see the expansion of the downward channel with the support line near the $2000 mark. If Bitcoin prices go below $3000, then we are most likely to see a quote near the $2000 support line.
Cancellation of the scenario may be caused by Bitcoin price increase above $6100.
We do not rule out a BTC/USD correction up from the current mark ($3950) and a target near levels: $5200, $5700, and possibly $6100. But for this, the Bitcoin quote needs to be fixed above the level of $4500.
Forecast: After the end of the upward correction, the continuation of the BTC/USD price reduction to the zone of $3000- $2000.
ETH/USD Current situation: Nothing changed. The price of Ethereum is near $110. If the ETH/USD quote consolidates below this level, then we will expect it in the range of $90- $85.
If the price of Ethereum rises above $120, then the projected levels of correction are up: $130, $165, $185.
Resistance levels: $114; $120; $130; $150; $185; $195; $220; $240. Support levels: $110; $100; $90; $85. Forecast: After the end of the correction, the continuation of the ETH/USD price drop to the $90- $85 zone.
XRP/USD Current situation: After the end of the correction, we expect the decline of Ripple quotation to levels: $0,30, $0,25.
Also, we do not exclude a deeper immersion of XRP/USD quotes to $0.20- $0.15.
The projected levels of correction upwards of Ripple are as follows $0.40, $0.44, $0.47.
Forecast: Reduction of the Ripple price to the levels: $0,30, $0,25.
BCH/USD Current situation: The BCH/USD quote has broken through the top-down level of $150 and is below this level. We expect a continued decline in Bitcoin Cash to levels: $120 and $100.
If the asset grows above the level of 180, then the predicted upward correction levels are $200, $210.
Forecast: BCH/USD price reduction to levels: $120; $100.
LTC/USD Current situation: Litecoin price is trading above $30. We expect LTC/USD quotes in the range of $25- $20.
Predicted levels of correction upwards of Litecoin are as follows $40, $42 and $46. Resistance levels: $35; $40; $46; $49; $50; $54; $58. Support levels: $30; $27; $25.
Forecast: Litecoin price reduction to $25, after the end of the correction.
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