Ethereum (ETH) Price Eyes $2,000 as Network Growth Fuels Bullish Reversal

16-Aug-2026 TronWeekly
EthereumEthereum is holding the critical $1,850 support level as buyers defend the area despite recent selling pressure, with $1,920 emerging as the next resistance. Meanwhile, a sharp rise in new daily addresses highlights growing network adoption, strengthening the case for a potential recovery toward the $2,000 psychological level.
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