The London upgrade on August 4th went smooth, and will make fees more predictable, reduce delays in processing, and decrease the amount of new coins issued. The EIP-1559 process is explained here at Cointelegraph. Ethereum is running higher after the event, with new resistance seen at 3900. Between the current price of 3290 and 3900, there are few resistance points, based on time or volume. I see the 3900 area, where the next resistance can come into play. Chart below. Thank you for reading.
