It is actually weakening. I speculate that this could go back down to .0025 - .0030. If you are a long term investor and want to look for a good price then it is good to wait for now. The hype will go away but there is value in this long term.
Talking about long term, how are you sure it is not a pump and dump scheme similar to its parent coin Ethereum?
ETC is good for short term trading, I am weary of long term holding.