Ethereum Classic Price Technical Analysis – ETC/USD Tumbles Below $18

Key HighlightsEthereum classic price declined heavily and moved below the $20 and $18 supports against the US dollar.
There is key connecting bearish trend line forming with resistance at $18.00 on the hourly chart of the ETC/USD pair (Data feed via Kraken).
The pair could rise in the short term but it may face sellers near $17.00 and $18.00.Ethereum classic price tumbled sharply against the US Dollar and Bitcoin. ETC/USD is now trading well below $18.00 and it remains at a risk of more losses.