This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.
If we will always believe and Buy the idea of breaking the Said resistance then you will always be a loser .
Who sets these resistance ? as if this is a complex idea , but we all knew that it is only speculative and sets by those who we called "eXPertS"
yes right .. i also see it like that. this is a development shown by eth. if eth is able to solve the problem of high transaction fees, it is very likely that eth will regain the trust of crypto users today's
It's not that Gwei's transactions on the ETH network are quite cheap at the moment, try visiting the Gwei website or this
https://etherscan.io/gastracker site, I think Gwei's transactions are now quite cheap compared to two months ago.
This happens week ago and now look at the price, meaning this has nothing to do with that Cheaper Gwei's transaction fee instead this seems to be another bump from the whales.