Ethereum Classic Price Technical Analysis – ETC/USD is Following Bearish Path

Key HighlightsEthereum classic price formed a short-term top at $33.41 and declined against the US dollar.
There was a break below an important bullish trend line with support at $30.30 on the hourly chart of the ETC/USD pair (Data feed via Kraken).
The pair is currently holding the 100 hourly simple moving average, but it is at a risk of more declines.Ethereum classic price is moving lower in a bearish path against the US Dollar and Bitcoin. ETC/USD could decline further towards the $28.00 and