Now эфириум (ETH) is hovering around the $2480 mark, and according to the rainbow chart, the altcoin price could fall to triple-digits or rise to the five-digit range by the end of the month.
The chart tracks historical price dynamics using a logarithmic regression curve and forecasts future prices using a color scale divided into nine zones. Each zone represents a different level of market sentiment, from significantly undervalued to strongly overvalued.
On June 30, the Rainbow Chart promises a price range of $862 to $20,117.
Rainbow chart Ethereum. Source: BlockhainCenter
The lowest color band, labeled “Fire Sale,” predicts a price range of $862,75 to $1169. This range signals deep undervaluation and rare buying opportunities. Above it is the “BUY!” band, which ranges from $1169,49 to $1617,27, which is also seen as an attractive entry point.
Next comes the Accumulate level, which extends from $1617 to $2274, suggesting a moderately bullish outlook. Above it, the Still Cheap zone covers the range from $2274 to $3239, where Ethereum will be considered below fair value as its attractiveness increases.
Stripe «HODL!”, which spans from $3239 to $4668, reflects neutral to positive sentiment. Above it is the so-called “Is It a Bubble?” zone, ranging from $4668,12 to $6780,45, where price momentum begins to generate market caution.
Above range «FOMO «are intensifying» zone extends from $6780,45 to $9865,96 and signals growing speculative fervor. If the price rises further, it will reach the «Sell. Seriously, SELL!» zone located from $9865 to $14109 and suggests peak market heat.
The uppermost zone, or «Maximum Bubble Territory» band, ranges from $14109 to $20116,86 and suggests extreme overvaluation.
This places эфириум somewhere in the middle of the «Still Cheap» zone, implying that it is trading below fair value and is likely to become more attractive soon.
