According to CoinMeta, Ethereum prices approached $1918 on Friday. After regaining the $1900 level, it was supported by inflows of funds into spot ETF and improved short-term momentum, allowing it to test the upper resistance levels once again. As of writing, the trading price of Ethereum (ETH) was $1918.26, representing a 0.74% increase for the day. The token started the session near $1904 and reached a high of $1918.88 during the session, continuing its recovery from the $1850 range, with a weekly gain of over 4%. Since early August, buyers have been defending the $1840-$1850 range to prevent further declines. Prices have now broken through the 20-day moving average of $1895.45, the 100-day moving average of $1911.42, and the 50-day moving average of $1796.09, indicating improved short-term prospects. However, they are still below the 200-day moving average of $2061.80. Analysts Micha, van, de, and Poppe suggest that if Bitcoin rises, Ethereum could perform even more strongly.