Ethereum Price Prediction: ETHLABS in Frontline to Save ETH Future

Author

Ahmed Barakat

Author

Ahmed Barakat

Part of the Team Since

Aug 2025

About Author

Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.

Has Also Written

• Elon Musk Trillionaire Hype Cools as SpaceX Stock Plunges 31%: Capital Pivots to LiquidChain
• Bitcoin Price Prediction: BTC Drops to $62K, But Long Positions are Increasing — Catching a Falling Knife?
• XRP Price Prediction: Ripple Secures Preliminary Luxembourg CASP Approval
• Crypto News, June 23: Why is Crypto Down? BTC USD Falls Under 63K, as ETH Hits Triple Bottom in Massive Leverage Flush
• Google Gemini AI Predicts Crazy Solana Price by End of 2026

Author Profile

Share

Copied

Fact Checked by

CryptoNews Editorial Team

Author

CryptoNews Editorial Team

Part of the Team Since

Sep 2018

About Author

The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for...

Has Also Written

• How to Exchange ZEC to BTC: Best Zcash to Bitcoin Exchanges 2026
• How to Take Part in Wadoozie’s Live 48-State Tour to Win WADZ Rewards
• Best BTC to XMR Exchanges in 2026: Swap Bitcoin to Monero Anonymously
• CoinDepo vs. YouHodler vs. Nexo Earn: Which Is Better in 2026?
• Xenia Soborova, Head of BD at Tramplin, on The Solana Ecosystem, Solana Staking, and more ep. 516

Author Profile

Ad Disclosure

Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More

Last updated: 

June 23, 2026

Ethereum price is bleeding. ETH sits at $1,650, down 6% in in a brutal fashion, and the technical setup offers little comfort for bulls hoping for a quick reversal.

Just before the drop, ETHLABS, a newly formed independent organization, is joining the battlefield frontline to save ETH. The non-profit organization is co-founded by five former Ethereum Foundation researchers and is backed by BitMine, SharpLink, and ConsenSys founder Joe Lubin.

According to its X post, it is on a mission to position Ethereum as the world’s primary settlement layer for institutional capital. ETHLABS is targeting specific friction points, such as scalability gaps, compliance ambiguity, and reliability concerns, that have kept large allocators cautious about ETH exposure despite the network’s dominance in DeFi and smart contract infrastructure.

Can ETHLABS raise the Ethereum price like a phoenix?

Discover: The Best Token Presales

Can Ethereum Price Recover Above $1,800 or Is the Bearish Structure Intact?

ETH printed $1,650, down from $1,750 just hours ago. The recent leverage flush accelerated the selloff, and the technical picture clearly reflects that damage.

ETH is trading below its 20-, 50-, and 100-day EMAs, a clean bearish stack. Near-term resistance clusters at the 20-day EMA at $1,764 and the 50-day EMA at $1,911, with a descending trendline capping any rally attempts. RSI is recovering toward 43, and the Stochastic Oscillator sits mid-range, so downside momentum is cooling, but neither reading confirms a reversal is underway.

On the downside, $1,550 and $1,400 are the two levels to watch if selling resumes. A breach of the deeper $1,150 floor would reopen a structurally bearish continuation. It would be the kind of move that takes months to repair psychologically, not just technically.

Ethereum (ETH)

24h7d30d1yAll time

For now, if ETHLABS can catalyze institutional inflows and ETH reclaim its 20-day EMA, momentum could flip positive heading into the next roadmap update. However, risk-off macro sentiment could also push ETH through near-term support levels before any ecosystem narrative gains traction. ETH’s network-level challenges remain a factor that no single initiative resolves overnight.

The data points to patience being the operative posture here. Price could stabilize around current levels, but a confirmed trend reversal requires the EMA to recapture its previous level, and that hasn’t happened yet.

Discover: The Best Crypto to Diversify Your Portfolio

Bitcoin Hyper Targets Early Mover Upside as Ethereum Tests Key Levels

When a Layer 1 as established as Ethereum is under structural pressure, capital doesn’t simply sit idle, it scouts. ETH’s bearish EMA stack and macro-driven headwinds make it a frustrating hold for traders seeking near-term asymmetry, which is precisely when early-stage infrastructure plays tend to capture attention.

Bitcoin Hyper ($HYPER) is currently in presale at $0.013682, having raised $32 million to date. The project positions itself as the first Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration. It combines Bitcoin’s security with sub-second smart contract execution that the team claims outperforms Solana itself on latency.

The architecture includes a Decentralized Canonical Bridge for BTC transfers and high-speed, low-cost transaction processing (the kind of throughput that Ethereum is still being criticized for lacking at the base layer). Staking is live with high APY incentives for early participants.

Research Bitcoin Hyper before the presale window closes.

Don’t Miss Out on Our $1,000 USDT Airdrop on ByBit