As Ethereum (ETH) pushes towards the $4,500 resistance stage, the Rainbow Chart has provided insights into how the second-largest cryptocurrency by market cap may commerce at the beginning of October.
At press time, Ethereum was buying and selling at $4,480, posting modest features of lower than 0.1% up to now 24 hours. On the weekly timeframe, nevertheless, the asset has corrected by almost 3%.
Notably, Etheruem is sitting above each its 50-day SMA of $4,298.89 and its 200-day SMA of $2,935.01. This alignment signifies a robust bullish pattern, as the value stays comfortably above key assist ranges on each the short- and long-term transferring averages.
The 14-day RSI stands at 52.06, inserting it within the impartial zone, indicating Ethereum is neither overbought nor oversold, leaving room for additional upside with out quick danger of a technical correction.
Concerning the value prediction, the Ethereum Rainbow Chart, a long-term logarithmic mannequin that maps ETH’s value historical past with color-coded zones, tasks valuation bands for October 1, 2025.
The chart provides traders a broad sense of whether or not Ethereum is undervalued, pretty priced, or in bubble territory, with every band reflecting sentiment starting from excessive undervaluation on the backside to speculative extra on the prime.
ETH value prediction
For October 1, 2025, the chart locations “Most Bubble Territory” between $14,819.59 and $21,112.66, whereas the “However have we earned it?” band stretches from $10,370.14 to $14,819.59.
The “Is that this The Flippening?” zone covers $7,132.4 to $10,370.14, whereas the “HODL!” vary spans $4,915.41 to $7,132.4. Shifting decrease, the “Regular…” band runs from $3,414.11 to $4,915.41, adopted by the “Nonetheless low-cost” zone at $2,402.36 to $3,414.11.
Beneath that, the “Accumulate” band spans $1,712.5 to $2,402.36, the “Undervalued” vary covers $1,241.5 to $1,712.5, and at last, the “Fireplace Sale” zone sits on the very backside between $917.97 and $1,241.5.
As of September 21, 2025, Ethereum is buying and selling at $4,480, inserting it throughout the “Regular…” band of $3,414.11 to $4,915.41.
This positioning means that Ethereum is at the moment pretty valued relative to its long-term historic pattern, leaving room to probably climb into the “HODL!” vary if bullish momentum extends into October.
Featured picture through Shutterstock
