Ethereum Classic Price Analysis: ETC/USD Could Gain Pace Above $5.00

Key HighlightsEthereum classic price recovered recently and tested the $5.00 resistance against the US dollar.
There was a break above a crucial bearish trend line with resistance at $4.45 on the hourly chart of the ETC/USD pair (Data feed via Kraken).
The pair is currently correcting lower, but it could bounce back and clear the $5.00 barrier.Ethereum classic price is slowly moving higher against the US Dollar and Bitcoin. ETC/USD must settle above $5.00 to stage a decent recovery in the coming