Ethereum Classic Price Technical Analysis – ETC/USD to Break $20?

Key HighlightsEthereum classic price was under a lot of pressure and it broke the $25.00 support against the US dollar.
There is a major bearish trend line forming with resistance at $22.40 on the hourly chart of the ETC/USD pair (Data feed via Kraken).
The pair remains at a risk of more declines as long as the price is below $25.00.Ethereum classic price fell further against the US Dollar and Bitcoin. ETC/USD is now well below the $25.00 level and it eyes more declines in the near term.
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