Rainbow chart data Ethereum (ETH) indicate that the second largest market cap kriptovalyuta may continue to grow until August 1.
Ethereum’s price around $3700 corresponds to the “Stable…” zone on the chart. A rainbow chart is a long-term valuation model that uses a logarithmic curve and color bands to illustrate historical price movements. It helps investors assess whether an asset is undervalued or overvalued.
According to the model, on August 1, 2025, the exchange rate Ethereum can fluctuate in the range from $4752 to $6901, which corresponds to the “HODL! . Based on the current situation Ethereum and its price dynamics, the asset is likely to remain in the “Stability…” zone over the next few days.
Rainbow chart Ethereum. Source: BlockhainCenter
The lowest band on the chart, labeled “Sell” ($881–$1193), indicates extreme undervaluation. Next comes the “Undervalued” band ($1193,99–$1649), then “Accumulation” ($1649–$2148), a historically favorable long-term buying range.
Above is the “Still Cheap” band ($2148–$3298). The next zone is “Stable…” ($3298–$4752), where эфириум is currently located, indicating stable growth and reduced volatility.
Zone «HODL! spans the range from $4752 to $6901, where long-term holders typically build confidence. Above that is the “Is This a Coup?” zone ($6901–$10,038), which marks the beginning of speculation and excitement.
Above, the «But Do We Deserve It?» zone spans the range from $10,038 to $14,352, while the topmost «Maximum Bubble Territory» zone extends from $14,352 to $20,456, reflecting the peak rally.
The recent bull rally Ethereum, which appears to be targeting the $4000 level, is supported by key technicals indicators. The 50-day simple moving average (SMA) is at $2836, while the 200-day SMA is at $2404.
The gap between the current price and both SMAs signals a continuing bullish trend, while эфириум is trading significantly above both its short-term and long-term averages.