Ethereum Classic Price Technical Analysis – ETC/USD Upside Thrust

Key Highlights
Ethereum classic price gained a lot of traction and was able to move above $40.00 against the US Dollar.
There was a break above a key declining channel with resistance at $34.00 on the hourly chart of the ETC/USD pair (Data feed via Kraken).
The pair is now placed well above the $35.00 support and looks set to gain further in the near term.
Ethereum classic price is moving higher nicely against the US Dollar and Bitcoin. ETC/USD is now well above $35.00 and it could move further