06-02-2018 09:00 via newsbtc.com

Ethereum Classic Price Technical Analysis – ETC/USD Bearish Towards $10

Key HighlightsEthereum classic price was crushed recently as it moved below the $15.00 support against the US dollar.
There is a key bearish trend line forming with current resistance at $16.50 on the hourly chart of the ETC/USD pair (Data feed via Kraken).
The pair may continue to decline and ETC could even test the $11.00 and $10.00 levels.Ethereum classic price is under heavy selling pressure against the US Dollar and Bitcoin. ETC/USD is likely to extend the current decline towards the $10.00
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