Ethereum price continues to stay between the $1,423 and $1,282 ranges, hinting at a lack of volatility. As I've so far, an ETH price is in an upward movement after the price crossed the 21-day line SMA. The market will continue its upward movement if Ether holds above the 21-day line SMA.So, does that mean that the largest altcoin will rise to the 50-day line SMA or above the high of $1,500? What is your price prediction for the next period?However, if the current support is broken, the market will fall to a lower price level of $1,000.What's happening with gas fees when it comes to these ups and downs of the price?The number of L2 transactions increased significantly, even though the average Ethereum transaction count may have stayed range-bound. Which one do you use, Metis is what I'm using right now.According to one source, Ethereum generated just over 137,000 ETH in transaction fees, sometimes referred to as "gas fees," between July and October, a significant decrease from the more than a million generated during the first three months of the year.Does it hold true that this level of fees (or something close to this level) will likely be sustained as a result of the growth of L2s? via /r/CryptoCurrencyTrading https://ift.tt/eRXYA2t
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