Ethereum Classic Price Technical Analysis – ETC/USD Turned Sell on Rallies

Key HighlightsEthereum classic price faced an increased selling pressure and declined below $34.00 against the US dollar.
There is a major bearish trend line forming with resistance at $34.50 on the hourly chart of the ETC/USD pair (Data feed via Kraken).
The pair may correct a few pips higher, but it remains sell on rallies near $34.50.Ethereum classic price is now back in a bearish zone against the US Dollar and Bitcoin. ETC/USD is facing a lot of resistances on the upside near $34.00 and $34.