Ethereum Rainbow Chart predicts ETH price for February 1, 2026
The post Ethereum Rainbow Chart predicts ETH price for February 1, 2026 appeared on BitcoinEthereumNews.com.
The Ethereum (ETH) Rainbow Chart is predicting that the second-ranked cryptocurrency by market cap is likely to remain within its long-term valuation corridor by February 1, 2026, pointing to moderate upside rather than an extreme move. With Ethereum trading around $2,895 at press time, the chart suggests a likely price range clustered near the lower-to-mid valuation bands in the near term. ETH seven-day price chart. Source: Finbold ETH price prediction For February 1, 2026, the Rainbow Chart’s lowest band, labeled ‘Fire Sale’, spans roughly $994.14 to $1,340.56 and reflects periods of extreme pessimism when Ethereum has historically traded well below its long-term trend. Above it, the ‘Undervalued’ band ranges from about $1,340.56 to $1,843.11, signaling prices that remain discounted despite improving sentiment. Ethereum rainbow price chart. Source: BlockchainCenter The ‘Accumulate’ band extends from approximately $1,843.11 to $2,577.16 and represents levels where long-term investors have historically built positions as downside risk diminishes. Just above it, the ‘Still Cheap’ band spans roughly $2,577.16 to $3,652.96. With ETH at $2,895 in late January, price action currently sits within this band, suggesting Ethereum is inexpensive relative to its long-term growth curve but no longer deeply undervalued. The next zone, the ‘Steady’ band, ranges from about $3,652.96 to $5,252.44 and reflects balanced market conditions where price closely tracks the long-term trend and speculative excess is limited. A gradual move into this band by February 1 would imply ETH trading in the low-to-mid $3,000 range, consistent with the chart’s trajectory if momentum remains stable. ETH extreme price level outlook Above fair value, the ‘HODL’ band spans roughly $5,252.44 to $7,615.88 and signals rising optimism and stronger bullish momentum. Higher still, the ‘Is This the Flippening?’ band ranges from about $7,615.88 to $11,055.84, reflecting heightened enthusiasm and increasingly stretched valuations. The ‘But Have We Earned It?’ band follows,…
Filed under: News - @ January 26, 2026 11:26 am