Ethereum Classic Price Analysis: ETC/USD Surging, Could Break $15

Key HighlightsEthereum classic price gained bullish momentum and it broke the $12.50 and $13.40 resistances against the US dollar.There is a major bullish trend line in place with support at $13.10 on the hourly chart of the ETC/USD pair (Data feed via Kraken).The pair is likely to accelerate higher above the $14.20 and $15.00 resistance levels in the near term.Ethereum classic price is gaining traction against the US Dollar and Bitcoin. ETC/USD could continue to move higher towards the $15.00 level.Ethereum Classic Price TrendAfter declining towards the $10.50 level, ETC price found a strong buying interest against the US dollar. The ETC/USD pair started a fresh upward move and broke the $12.50 resistance. It even surged above the $14.00 level and settled above the 100 hourly simple moving average. A new weekly high was formed at $14.37 and later the price corrected lower.It moved below the 23.6% Fib retracement level

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