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Bitcoin price analysis: BTC/USD at risk of another drop

The  Bitcoin price  on Thursday is trading in negative territory, nursing a loss of some 0.20%. Downside momentum has taken a break after the heavy selling encountered in the session on Wednesday.

BTC/USD  price action has formed a bearish pennant structure, which is subject to a breakout and further potential downside pressure.  

Ethereum technical analysis: ETH/USD critical support gives way

Ethereum price is trading in the red, down 0.25% the session on Thursday.

ETH/USD door is left wide open for bears to further capitalize, following critical flag breach.

The next major support is eyed at $155, failure to hold could subject ETH to another wave of selling pressure.    

Litecoin technical analysis:  LTC/USD big bearish flag retest eyed

Litecoin price is trading in the green, with gains of 1.00%   the session on Thursday.

LTC/USD daily price action is subject  to a big restest of a breached bearish flag structure.  

Chunky daily resistance can be observed at $52.50, where the lower trend line of the flag is tracking.