$ETH Will the price of Ethereum reach $1850 when large holders make significant movements?

Ethereum (ETH) operators have been closely watching as large holders began to make significant moves on-chain this week.

The cryptocurrency surpassed the key resistance of $1,620, previously reaching a high near $1,705 and then almost hitting $1,800.

Market participants have questioned whether this momentum could drive Ethereum to $1,850.

However, recent whale transactions and on-chain activity may influence the price direction in the short term.

Market participants continuously observed volume levels to validate the lasting participation of buyers.

Professional analysts predict that if the price exceeds $1,720, the likelihood of prices rising towards $1,850 will increase. Market participants continuously observed volume levels to validate the lasting participation of buyers.

Professional analysts predict that if the price exceeds $1,720, the likelihood of prices rising towards $1,850 will increase.