Ethereum to Rise by Early August: Rainbow Chart Forecast
Date: 2025-07-28 Author: Oliver Abernathy Categories: CRYPTO PAYMENTS
The rainbow chart data, which uses a logarithmic curve and color zones to estimate the current and historical value of Ethereum (ETH), suggests further growth for the second-largest cryptocurrency by market cap. ETH is currently trading at around $3,700, which falls into the “Stable…” zone, which is characterized by moderate growth and decreasing volatility, according to the model.
According to the forecast, the Ethereum price could rise to the range of $4,752 to $6,901 by early August, which falls into the “HODL!” zone, a stage when long-term investors typically confidently increase their positions. The price is likely to remain in the current stable zone in the coming days.
The rainbow chart breaks down the ETH price spectrum into several zones. The bottom one, “Sell-off” ($881–$1,193), indicates that the asset is heavily undervalued. The next bands, “Undervalued” ($1,194–$1,649) and “Accumulation” ($1,650–$2,148), are traditionally considered favorable for long-term investing. Then come “Still Cheap” ($2,148–$3,298) and “Stable…” ($3,298–$4,752), where Ethereum currently is.
Then there are zones indicating growing speculative interest: “Is This a Coup?” ($6,901–$10,038), “But Do We Deserve It?” ($10,038–$14,352) and the maximum upper boundary — “Maximum Bubble Territory” ($14,352–$20,456), which marks the peak price values.
The current bullish trend of Ethereum is also confirmed by technical indicators. The 50-day simple moving average (SMA) is $2836, and the 200-day SMA is $2404. The price level of ETH is significantly above these averages, which indicates the strength of the uptrend.
It is worth considering that trading cryptocurrencies is associated with high risks due to their volatility and the influence of external factors, including news and regulation. Investors are advised to carefully analyze the situation and assess their risks.
Thus, according to the rainbow chart and technical analysis, Ethereum has the potential for further growth in the near future, and holding coins (HODL) looks like a reasonable strategy for long-term investors.
