Crypto & Blockchain Daily Brief Sunday, July 13, 2025

Dogecoin's price has surged recently due to bullish momentum in the cryptocurrency market. The price of Dogecoin has risen by over 15% in the past week, reaching a high of $0.21. This increase in price comes as the overall cryptocurrency market has been experiencing a positive trend, with Bitcoin also seeing gains. Technical analysis shows that Dogecoin has broken out of a descending channel pattern, indicating a bullish trend. The Relative Strength Index (RSI) is also showing bullish signals, with the RSI currently above 50, suggesting that the momentum is in favor of the buyers. Looking ahead, analysts predict that Dogecoin's price could continue to rise in the short term if it manages to break above the $0.22 resistance level. If this level is breached, the next target could be around $0.25. However, if the price fails to break above $0.22, a pullback could occur, with support levels at $0.20 and $0.18. Overall, the future outlook for Dogecoin remains positive, with the potential for further price increases in the coming days. However, as with any cryptocurrency, there are risks involved, and investors should exercise caution and conduct thorough research before making any investment decisions.

The article discusses Ethereum's recent price action as it breaks through the 50-day Exponential Moving Average (EMA). The 50-day EMA is a key technical indicator used by traders to determine the short-term trend of an asset. Ethereum's breach of this level is seen as a bullish sign for the cryptocurrency. The article explains that Ethereum's price has been steadily climbing for the past few days, with the cryptocurrency gaining over 15% in value. This upward momentum has allowed Ethereum to break through the 50-day EMA, which is now acting as a support level for the coin. The author notes that Ethereum's price surge is likely due to a combination of factors, including increased institutional interest in the cryptocurrency and the upcoming Ethereum Improvement Proposal (EIP)-1559 upgrade. The EIP-1559 upgrade is expected to make Ethereum more efficient and user-friendly, which has generated excitement among investors. In addition to breaking through the 50-day EMA, Ethereum is also trading above the $2,500 level, which is another bullish sign for the cryptocurrency. If Ethereum can maintain its current momentum, it may be able to surpass its previous all-time high of around $4,400. Overall, the article concludes that Ethereum's recent price action is a positive development for the cryptocurrency, and many analysts believe that it has the potential to continue climbing higher in the coming days and weeks.

The article provides an analysis of Ethereum's price movement on July 12th, focusing on key support and resistance levels. Ethereum's price started the day at $2,300 and faced resistance near the $2,350 level. However, it managed to break through this resistance and climbed above $2,400. The price then faced another hurdle near the $2,420 level, but the bulls were able to push through and reach a high of $2,440. The article highlights that Ethereum's price action was positive on July 12th, with the digital currency showing bullish signs. The Relative Strength Index (RSI) also indicated a positive trend, staying above the 50 level. Additionally, the Moving Average Convergence Divergence (MACD) was moving into the bullish zone, confirming the positive momentum. Looking ahead, the article suggests that if Ethereum's price continues to rise, it could face resistance near the $2,450 and $2,500 levels. On the downside, the key support levels to watch are $2,400 and $2,350. If the price drops below these levels, it could signal a short-term trend reversal. In conclusion, the article indicates that Ethereum's price showed positive momentum on July 12th, with the digital currency breaking through key resistance levels. The bullish indicators suggest that the price could continue to rise in the near term, but traders should keep an eye on key support and resistance levels to gauge the future direction of Ethereum's price movement.