Ethereum Classic breaks above descending trendline but exercise caution

Ethereum Classic is up 18% in the week
The network has witnessed an increased hash rate
Ethereum Classic still faces bear pressure at $19
Ethereum Classic (ETC/USD) has been of bull interest in the last two days. Despite losing by an intraday 1% on Friday, it was still up 18% in the week. A majority of these gains happened on January 04, 2023. The gains pushed the cryptocurrency above a crucial descending trendline that has contained ETC for a while. But how far can ETC gains continue?
Ethereum