Ethereum Classic Price Analysis: ETC/USD Remains In Downtrend

Key HighlightsEthereum classic price extended losses and traded towards the $8.75 level against the US dollar.
This week’s followed important bearish trend line is intact with resistance at $9.25 on the hourly chart of the ETC/USD pair (Data feed via Kraken).
The pair may recover a few points, but it is likely to face sellers near $9.20 and $9.25.Ethereum classic price declined further against the US Dollar and Bitcoin. ETC/USD remains in a downtrend as long as the price is below $9.30.
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