#accelerate declines

Ethereum Classic Price Analysis: ETC/USD Bearish Below $18

Key Highlights

Ethereum classic price failed to move above the $18.80 resistance and declined against the US dollar.

There was a break below a key bullish trend line formed with support at $18.20 on the hourly chart of the ETC/USD pair (Data feed via Kraken).

The pair is now trading below the $18.00 pivot level and the 100 hourly simple moving average.

Ethereum classic price is slowly moving…

Bitcoin Price Watch: BTC/USD Near Crucial Juncture

Key Points

Bitcoin price declined further and broke the $6,680 and $6,600 support levels against the US Dollar.

Yesterday’s highlighted connecting bearish trend line is intact with resistance at $6,680 on the hourly chart of the BTC/USD pair (data feed from Kraken).

The pair must stay above the $6,550 support zone to avoid more declines in the near term.

Bitcoin price extended losses below the…