Ethereum Classic Price Analysis: ETC/USD Could Recover Above $6.00

Key HighlightsEthereum classic price declined towards the $5.00 support and recovered against the US dollar.
There was a break above a key contracting triangle with resistance at $5.55 on the hourly chart of the ETC/USD pair (Data feed via Kraken).
The pair is currently placed nicely above $5.40 and it could correct higher towards the $6.00 level.Ethereum classic price is slowly recovering against the US Dollar and Bitcoin. ETC/USD is likely to climb towards the $6.00 or $6.25 levels in the near