#write2earn๐๐น $ETH What is the Ethereum Rainbow Chart?
The Rainbow Chart is a long-term valuation model that uses a logarithmic curve and colored bands to illustrate historical price sentiments of Ethereum. The chart helps investors determine whether the asset is undervalued or overvalued, without predicting short-term price movements.
Ethereum Price Predictions
By August 1, 2025, the model predicts that Ethereum will trade between $4752.48 and $6901.15, a range that corresponds with the 'Hold!' area. However, based on Ethereum's current position and price momentum, it is likely that the asset will remain in the 'Stable...' zone over the next few days.
