Ethereum Rainbow Chart predicts ETH price for February 28, 2026

As Ethereum (ETH) attempts to recover from the recent crash, the Ethereum Rainbow Chart has offered a glimpse of how the asset might trade at the end of this month. Notably, the chart overlays ETH’s historical price action on logarithmic growth curves and segments future valuations into color-coded sentiment bands, ranging from extreme overvaluation to deep undervaluation. Ethereum has since reclaimed the $2,000 support zone, with the cryptocurrency trading at $2,009 as of press time, up over 4% in the past 24 hours. However, on the weekly chart, the asset remains in the red, down more than 13% source: https://finbold.com/ethereum-rainbow-chart-predicts-eth-price-for-february-28-2026/