Ethereum’s (ETH) latest gatherings have cooled down, with belongings under $4,500.
Nonetheless, the Ethereum Rainbow Chart suggests that prime ranges of cryptocurrency should still exist by the top of the month.
A chart that applies logarithmic development curves to long-term analysis bands classifies Ethereum costs into a spread of colors. Particularly, this mannequin helps traders measure whether or not their belongings are undervalued or overheated, reasonably than predicting short-term actions.
On August 31, 2025, the chart outlines 9 analysis zones. On the backside, the “fireplace” bands vary from $899 to $1,217, adopted by “undervaluation” ($1,217–$1,680), “accumulation” ($1,680-$2,359), and “nonetheless low-cost” ($2,359-$3,355). The “secure” band, usually thought-about truthful worth, ranges from $3,355 to $4,832, near Ethereum’s present buying and selling ranges.
Greater than that, “Hodl!” covers $4,832–$7,015. “Is that this flipping?” spanning $7,015-10,200, “However did we win it?” Working between $10,200-$14,581. On the high, the “most bubble space” ranges from $14,581 to $20,778.
Ethereum trades for round $4,400 and is throughout the “secure” zone. If the band is held on the finish of August, the mannequin suggests a possible goal between $3,355 and $4,832, indicating that the historic requirements are valuing the belongings fairly a bit.
Ethereum worth evaluation
By press time, Ethereum’s worth was $4,442, down 0.15% over the previous 24 hours, however elevated 4.5% over the week.
From a technical standpoint, the 50-day Easy Shifting Common (SMA) is $3,413.61 and the 200-day SMA stays at $2,596.84, confirming a robust upward momentum and a sustained bullish development.
In the meantime, the 14-day relative energy index (RSI) of 66.86 signifies sturdy buy stress, bringing you nearer to the overbuying threshold. This implies that additional earnings are attainable at Ethereum, however extreme purchases may cause momentum to chill down or face minor corrections.
Featured Pictures through ShutterStock
