Ethereum Classic Price Analysis: ETC/USD Is Likely To Recover To $12.20

Key HighlightsEthereum classic price extended declines and tested $10.60 before recovering against the US dollar.
There was a break above a key bearish trend line with resistance at $11.25 on the hourly chart of the ETC/USD pair (Data feed via Kraken).
The pair is showing a few positive signs and it could continue to move higher towards $12.00 or $12.20.Ethereum classic price is slowly recovering against the US Dollar and Bitcoin. ETC/USD may gain traction for a move towards the $12.20 level.
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