Ethereum Rainbow Chart Sees $2,551 Price Target by End of 2026

Ethereum (ETH) has retreated from recent highs above $2,500, but according to the Ethereum Rainbow Chart, the cryptocurrency's price could rebound in the long term. The chart suggests ETH could trade at approximately $2,551 by the end of September 2026, placing it in the model’s Accumulate zone.

This projection implies a potential upside of about 6% over the remainder of the month. Ethereum is currently trading around $2,400 as of press time, which means that if the prediction holds true, investors could see a modest increase in value.

The Ethereum Rainbow Chart uses historical price data to assess whether ETH is trading below, near, or above its growth trend. The chart's bands indicate different levels of undervaluation and overvaluation, with 'Basically a Fire Sale' ($1,134) signaling extreme undervaluation and 'FOMO Intensifies' ($12,912) indicating historically overheated market conditions.