Ethereum (ETH)’s rainbow chart suggests that the second-largest cryptocurrency is likely to trade across a variety of price ranges by the end of this month.
The outlook comes as Ethereum continues to be weighed down by broader market sentiment, which has increased selling pressure.
At the time of this writing, ETH was trading at $3,425, up almost 0.5% over the past 24 hours, but on a weekly timeline, the asset is down 12%.
ETH price prediction
Currently, the Ethereum Rainbow Chart, a long-term valuation model using a color-coded logarithmic curve, predicts potential price levels in November 2025.
The “maximum bubble region” at the top of the spectrum is predicted to be between $15,286.39 and $21,767.19, indicating extreme overvaluation and speculative frenzy. Just below this, “But Did We Earn It?” This band ranges from $10,701.94 to $15,286.39 and typically represents an enthusiastic but less euphoric market.
“Is this flipping?” levels range from $7,367.2 to $10,701.94, indicating strong bullish momentum with investors speculating that Ethereum may surpass Bitcoin’s dominance. “Hoddle!” The $5,078.4 to $7,367.2 zone reflects healthy growth and sustained optimism among long-term holders.
Further below, the “Steady…” band lies between $3,529.58 and $5,078.4, indicating an equilibrium market where Ethereum is fairly valued. The “still undervalued” ($2,486.81 to $3,529.58) and “undervalued” ($1,775.54 to $2,486.81) ranges suggest that the asset remains attractively priced for accumulation.
Finally, the lowest bands, “Accumulate” ($1,289.28 to $1,775.54) and “Fire Sale” ($954.68 to $1,289.28), reflect periods of excessive pessimism and provide potentially undervalued entry points.
Ideal price for ETH on November 30th
Ethereum is trading around $3,400, sitting at the lower end of the “stable…” band, just above the “still cheap” zone. This placement suggests that the asset remains moderately undervalued relative to its growth trajectory on the chart.
If market sentiment remains stable and follows its historical logarithmic trajectory, Ethereum’s equilibrium price by November 30th could fall between $3,500 and $5,000, coinciding with the midpoint of the “stable…” band.
While not a scientific prediction or investment advice, the rainbow chart contextualizes the cyclical valuation trends in Ethereum’s past performance.
Featured image via Shutterstock