📊 Ethereum price clears key averages in push toward $2,000

⚠️ Ethereum price traded near $1,918 on Friday after reclaiming $1,900, as spot ETF inflows and improving short-term momentum supported another test of overhead resistance. According to data from cryptonews, Ethereum price traded at $1,918.26 at the time of writing, up 0.74% during the daily session. The token reached an intraday high of $1,918.88 after opening near $1,904.

🔖 The move extended ETH’s recovery from the $1,850 area and kept its weekly gain above 4%. Buyers have repeatedly defended the $1,840–$1,850 region since the start of August, preventing a deeper correction toward the July lows. Price has now moved above three closely watched daily averages. ETH is trading over its 20-day moving average at $1,895.45, its 100-day average at $1,911.42, and its 50-day average at $1,796.09.

➡️ That alignment improves the short-term outlook, but Ethereum remains below its 200-day moving average at $2,061.80. The gap shows that the latest recovery has not yet reversed the broader downtrend that began after ETH traded above $2,400 in April. The daily Bull Bear Power reading has returned to positive territory at 32.07. The indicator suggests buyers have regained a modest advantage after bearish pressure briefly returned at the beginning of August.