$ETH Price Analysis Today | Bullish Range July 29th

AI-generated source summary

The analysis focuses on Ethereum's price action, predicting a potential upward trend towards the $10,000 to $11,000 range in the next bull cycle. The current market sentiment is seen as consolidating sideways for years, forming a re-accumulation structure. A key demand zone is identified between $1,291 and $1,140, which has historically acted as support. The analysis suggests that if Ethereum breaks above the resistance at $2,440 and maintains support at $1,788.79, it could initiate a significant upward move. The 0.886 Fibonacci level at $1,336.76 and the 1 Fibonacci level at $867.17 are also noted as significant support levels. The alternate scenario discussed is if Ethereum fails to hold above $1,788.79, potentially leading to a retest of the April 2025 lows. The RSI indicator shows multiple equal lows on the weekly chart, suggesting a potential bottoming process, with a projected move to the $2,440 supply zone if Bitcoin remains strong.

AI-generated summary based on the source content.

Evidence and evaluation progress

1. Original source published

   30 Jul 2026, 02:23 UTC

   The analyst published the original source item.

2. Source recorded by Tahlil Plus

   30 Jul 2026, 03:39 UTC

   The public source was preserved as the evidence record for this case.

3. Market predictions extracted

   30 Jul 2026, 06:20 UTC

   1 eligible signal linked to this case.

4. Source processing completed

   30 Jul 2026, 06:20 UTC

   Source analysis and structured extraction completed.

5. Outcome tracking started

   30 Jul 2026, 06:20 UTC

   Tahlil Plus began monitoring the extracted predictions.

6. Live evaluation in progress

   01 Aug 2026, 02:39 UTC

   1 signal remains active.