Rich by Coin

Bitcoin trades above $72,500 at press time on Thursday, holding its 6% gain from the previous day, contributing to a broader market recovery.
The total cryptocurrency market capitalization stands at over $2.43 trillion as the broader market sentiment improves significantly.
Decred (DCR), Zcash (ZEC), and Dogecoin (DOGE) lead gains over the last 24 hours, as the broader market risk-on sentiment renews.
Bitcoin exited a long-standing consolidation range below $70,000, jumping 6% on Wednesday.

At the time of writing, BTC is holding above $72,500 on Thursday as the 50-day Exponential Moving Average (EMA) capped gains on the previous day.
The total crypto market capitalization stands at $2.43 trillion on Thursday, up over 5% from $2.32 trillion the previous day.
Decred is up 7% at press time on Thursday, building gains over the 7% rise from the previous day.
The near-term bias is mildly bullish as DCR holds well above the upward-sloping 50-, 100-, and 200-day EMAs.

Zcash is down 2% at press time on Thursday, following a 10% hike on Wednesday.
The declining 50-day EMA merges with the 200-day EMA, signaling a high likelihood of a Death Cross, suggesting Wednesday’s rebound as a short-term recovery in a prevailing downward trend.
A descending trendline near $266, followed by the 200-day EMA at $289, could serve as resistance levels.
The MACD rises from its signal line on the daily chart but remains close to the zero mark, suggesting only modest upside momentum, while the RSI at 44 signals subdued buying pressure after recovering from oversold territory.

Dogecoin also faces downside pressure near the $0.1000, which capped the 10% gains on Wednesday.
At the time of writing, DOGE is down 2% on Thursday, while the downward-sloping 50- and 200-day EMAs serve as overhead resistances keeping the short-term recoveries in check.
The MACD line is marginally above the signal line and hovering just above the zero line, suggesting only modest bullish momentum.
The RSI at 47 is just below the midline, reinforcing a neutral bias.

On the downside, the recent swing low near $0.0879 could serve as immediate support.
The 50-day EMA at $0.1066, which could extend the upside to the December 31 low at $0.1161 and the 100-day EMA at $0.1240.
To reinstate a fresh uptrend, DOGE should surpass the 50-day EMA at $0.1066, which could extend the upside to the December 31 low at $0.1161 and the 100-day EMA at $0.1240.
Bitcoin has surged above the $72,500 level, reinforcing a broader market recovery as several non-BTC cryptos join the rebound.

The combined market capitalization sits at about $2.43 trillion, underscoring renewed investor optimism across crypto assets.
Leading the gains are Decred, Zcash, and Dogecoin, which have climbed over the last 24 hours as risk-on sentiment returns.
Decred has risen roughly 7% on Thursday, extending the prior day’s gains and trading comfortably above its 50-, 100-, and 200-day EMAs, signaling a mildly bullish near-term bias.
The MACD remains above its signal line with a positive histogram, and the RSI sits in the mid-60s, suggesting ongoing buying pressure without an overbought risk.

Zcash, by contrast, has pulled back about 2% on Thursday after a 10% move on Wednesday, with the 50-day EMA converging with the 200-day EMA and raising the probability of a Death Cross, even as Wednesday’s rebound provided short-term support.
A descending trendline near $266, followed by the 200-day EMA at $289, could act as resistance in the near term.
Dogecoin faces downside pressure near the $0.10 area, having declined around 2% on Thursday, as both the 50-day and 200-day EMAs serve as overhead resistance.
For DOGE to reestablish an uptrend, it would need to clear the 50-day EMA at $0.1066, which could open a path toward the $0.1161 level and the 100-day EMA at $0.1240.

The MACD and RSI readings for DOGE suggest modest momentum and a neutral bias in the short term.
Bitcoin moved above the $72,000 level, trading near $72,500 and contributing to a broader market recovery.
The total crypto market capitalization sits around $2.43 trillion, signaling renewed investor appetite across assets.
Leading the gains are Decred, Zcash, and Dogecoin, up over the last 24 hours as risk-on sentiment returns.

Technicals show Decred holding above its key moving averages, suggesting a mildly bullish near-term bias.
Zcash retreated about 2% after a 10% spike, with the 50-day EMA converging with the 200-day EMA and raising the risk of a Death Cross.
Dogecoin faced resistance near the $0.10 level, with momentum nudging higher only if it clears the 50-day EMA at $0.1066, potentially opening toward $0.1161 and the 100-day EMA at $0.1240.
To reestablish a sustained uptrend, the market will need continued buying pressure and a breakout above key resistance levels; for now, the broad recovery keeps the market above $2.4 trillion, signaling optimism across crypto assets alongside Bitcoin’s strength above $72k.