Ethereum Rainbow Chart sets Price Predictions for 2023, 2024, 2025, 2026, 2027, and 2028

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Are you confused about Ethereum Rainbow Chart and feels difficult to understand it? Don’t worry anymore In this article, we will provide you with information about the Ethereum Rainbow chart, and clear all your question by providing you with comprehensive answers. Before starting the Ethereum Rainbow chart let’s read a few lines about cryptocurrency which will be very helpful for you to understand the Rainbow chart.

Cryptocurrency has gained popularity too fast and become a popular investment platform that attracts both seasoned and new investors. As cryptocurrency is evolving rapidly day by day, various tools have emerged to analyze the performance and potential of digital assets. Today we will learn about Ethereum Rainbow Chart. Let’s start!

Live chart of Ethereum

What is Ethereum Rainbow Chart?

The Ethereum Rainbow Chart is a visually intuitive tool that analysis the performance of Ethereum all the time. This is a visual representation that uses different colors to show how strong or weak Ethereum is by the tile. It helps investors understand how Ethereum performs and gives them an idea of what they should do in the future. As we have already listened about the Bitcoin Rainbow chart so we can say that the Ethereum Rainbow chart is also a copy of it. This is a pricing model which was developed in 2014 by @rohmeo_de.

Ethereum Rainbow Chart Explanation

Ethereum Rainbow Chart
Ethereum Rainbow Chart .. source Coincodex.com

As we can see different colors in this image indicates valuations at different levels from undervalue to overvalue. According to the official source, the Colors of the above chart say:-

  1. Dark red: Indicates a bubble zone.
  2. Red: Ethereum is considered significantly overvalued.
  3. Dark orange: Investors are experiencing FOMO (fear of missing out).
  4. Orange: Ethereum is considered overvalued.
  5. Yellow: Ethereum is in a neutral state.
  6. Light green: Ethereum is leaving the accumulation zone (moving upwards).
  7. Green: Indicates that Ethereum is in an accumulation zone.
  8. Blue: Ethereum is undervalued.

It’s important for investors to not solely rely on this chart but instead conduct their own research for better results. The chart can serve as a motivational tool or provide some assistance, but it should not be the sole basis for investment decisions.

How to use Ethereum Rainbow Chart?

As we all know Ethereum Rainbow chart is a visual chart that is very helpful for investors to visualize Ethereum price performance. You can use this chart only to get knowledge about Ethereum and should not be the sole basis for making investment decisions as this chart consider historical price data. I recommend you do your own research for investment and use it for educational purposes.

Ethereum Price Prediction according to rainbow chart 2023, 2024, 2025, 2026, 2027 and 2028

So, according to Rainbow chart predicting prices for 2023, 2024, 2025, 2026, 2027 and 2028.

Ethereum Rainbow chart price prediction by the end of 2023

Ethereum Rainbow chart price prediction by the end of 2023
Ethereum Rainbow chart price prediction by the end of 2023

On December 29, 2023, the Ethereum Rainbow Chart provided price levels and corresponding recommendations. ETH price reached as high as $18,498 and suggested selling seriously at $11,758. As the price decreased, recommendations ranged from questioning if it was a bubble at $4,751.01 to advising holding at $3,020.01. Lower price levels were described as cheap, an opportunity to accumulate, and even a fire sale, with recommendations to buy at $775.67 and $493.06. T

Ethereum Rainbow Chart Prediction for 2024

Ethereum Rainbow Chart Prediction for 2024
Ethereum Rainbow Chart Prediction for 2024

On January 4, 2024, the Ethereum Rainbow Chart reflected various price levels and market conditions for Ethereum. At the beginning of 2024, ETH prices reach up to$18,572. Similarly, by the end of 2024 price reach as high as $23,412.

At the beginning of 2024, it recommends selling at $11,807. FOMO intensified as the price reached $7,506.34, and concerns about a potential bubble arose at $4,772.10. Holding onto Ethereum was suggested at $3,033.83, while it was considered cheap at $1,928.73. Accumulation was recommended at $1,226.18, and a strong buy signal was given at $779.53. Finally, an opportunity akin to a fire sale was mentioned at $495.58.

Ethereum Rainbow Chart Prediction for 2025

Ethereum Rainbow Chart Prediction for 2025
Ethereum Rainbow Chart Prediction for 2025

On January 5, 2025, the Ethereum Rainbow Chart indicated at the beginning of the year price rise up to $23,437 Similarly, by the end of 2025 price reached as high as $28,300.

At the beginning of 2025, Followed by a recommendation to sell at $15,017. FOMO intensified as the price rose to $9,622.19, leading to questions about a potential bubble at $6,165.39. Holding onto Ethereum (HODL) was suggested at $3,950.46, while it was still considered cheap at $2,531.24. Accumulation was recommended at $1,621.89, with a strong buy signal given at $1,039.22. Additionally, an opportunity akin to a fire sale was mentioned at $665.88.

Must read – Founder of Ethereum with the highest IQ in the world

Ethereum Rainbow Chart Prediction for 2026

Ethereum Rainbow Chart Prediction for 2026
Ethereum Rainbow Chart Prediction for 2026

On January 1, 2026, the Ethereum Rainbow Chart indicated at the beginning of the year price rise up to $28,800 Similarly, by the end of 2026 price reached as high as $34,792.

This year sell recommendation at $18,584. FOMO (Fear of Missing Out) intensified at $11,992, and doubts about a potential bubble emerged at $7,738.60. The recommendation was to hold at $4,993.68. Lower price levels were described as cheap, presenting opportunities to accumulate or buy Ethereum. At $865.87, it was considered a fire sale, indicating a significant price drop and potential buying opportunity. These recommendations are based on historical patterns and should be supplemented with additional research before making investment decisions.

Ethereum Rainbow Chart Prediction for 2027

Ethereum Rainbow Chart Prediction for 2027
Ethereum Rainbow Chart Prediction for 2027

On January 3, 2027, the Ethereum Rainbow Chart indicated at the beginning of the year price rise up to $34,844 Similarly, by the end of 2026 price reached as high as $41,302.

This year, the Recommendation to sell was made at $22,634. The Fear of Missing Out (FOMO) sentiment intensified as the price reached $14,703. Doubts arose about whether this was a bubble at $9,551.03. The price further declined to $6,204.27, prompting a suggestion to hold onto Ethereum. At $4,030.24, the price was considered “still cheap,” indicating a potential buying opportunity. An accumulation recommendation followed at $2,618.01, and a strong “BUY!” recommendation at $1,700.63, suggested favorable prices for investment. Finally, at $1,104.72, the price was described as “basically a Fire Sale,” indicating exceptionally low prices. It’s important to note that this information is hypothetical and not based on actual market data.

Ethereum Rainbow Chart Prediction for 2028

Ethereum Rainbow Chart Prediction for 2028

On January 2, 2028, the Ethereum Rainbow Chart indicated in the beginning of the year price rise up to $41,434 Similarly, by June month of 2026 price reached as high as $44,814.

In 2028, a recommendation to sell seriously was suggested at $27,080. The Fear of Missing Out (FOMO) intensified as the price reached $17,699. Doubts arose about whether this price indicated a bubble at $11,567. The HODL sentiment was encouraged at $7,560.11, suggesting holding onto Ethereum. At $4,941.07, the price was still considered cheap, implying a potential buying opportunity. An accumulation recommendation was made at $3,229.34, and a strong “BUY!” recommendation followed at $2,110.60. Finally, at $1,379.43, the price was described as “basically a Fire Sale,” suggesting exceptionally low prices.

Should I depend fully on the Ethereum Rainbow chart?

Please note that Rainbow Charts cannot accurately predict the prices of cryptocurrencies. While the Bitcoin Rainbow Chart has a historical record dating back to 2014, the Ethereum Rainbow Chart is based on a modified formula that roughly aligns with the price trends. It is important to understand that this chart should not be considered as investment advice. Its creation is simply a response to popular demand, as people, especially those in the Ethereum Community, have a fondness for rainbows.

FAQs

How accurate is Ethereum Rainbow Chart?

The accuracy of the Ethereum Rainbow chart is not considered investment advice because it is based on a modified formula that roughly aligns with the price trends. It does not accurately reflect current market conditions.

Who created Ethereum Rainbow Chart?

In 2014, Romeo de created Ethereum Rainbow Chart.

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