Damanick Dantes

Damanick was a crypto market analyst at CoinDesk where he wrote the daily Market Wrap and provided technical analysis. He is a Chartered Market Technician designation holder and member of the CMT Association. Damanick is also a portfolio strategist and does not invest in digital assets.

Damanick Dantes

Latest from Damanick Dantes


Markets

Bitcoin Holding Support With Higher Price Lows; Resistance at $46K

There has been a loss of downside momentum on the daily chart, which could keep short-term buyers active.

Bitcoin daily chart (TradingView)

Markets

First Mover Asia: Is Germany Really the Most Crypto-Friendly Jurisdiction? Maybe Not; Bitcoin Gains

BTC is continuing its recovery from a five-week low on Monday.

German flag (FHMFHM/Getty Images)

Markets

Market Wrap: Altcoins Outperform as Sentiment Improves; Bitcoin Within 'Value Zone'

BTC was up by 2% over the past 24 hours, compared with an 11% rise in RUNE and LUNA.

(Drew Beamer/Unsplash)

Markets

Bitcoin Stabilizes Above $40K; Resistance at $43K-$46K

The recovery phase remains intact, albeit within a wide trading range.

Bitcoin daily price chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)

Markets

First Mover Asia: Bitcoin Minnows Have Pushed the Whales to the Side; Bitcoin, Ether Steady

BTC briefly touched a five-week low around $38,547 early Monday, then bounced and ended the trading day higher.

Silver Freshwater Minnows (*adrisbow* (Adriana Lopetrone)/Getty Images)

Markets

Market Wrap: Bitcoin Bounces Around $40K as Stocks Waver; Crypto Security Concerns Intensify

New evidence of money laundering could trouble policymakers. Meanwhile, some analysts see limited upside for BTC.

North Korean flags waving in the wind.

Markets

Bitcoin Holding Support Above $37K; Resistance at $45K

BTC appears to be oversold on intraday charts.

Bitcoin four-hour price chart shows support/resistance with RSI on bottom (Damanick Dantes)

Markets

First Mover Asia: Terra Is 2022’s Version of Corporate Bitcoin Buying; Cryptos Hold Steady in Weekend Trading

The Luna Foundation Guard now holds about $1.7 billion in bitcoin, but crypto markets seem unimpressed with its purchases this year; bitcoin and ether are flat.

CoinDesk News Image

Markets

Market Wrap: Cryptos Mixed Amid NFT Slowdown, Meme Coins Surge

During a shortened week in traditional markets, with U.S. stock exchanges closed on Friday, bitcoin struggled for direction, hovering around $40K, while DOGE and SHIB experienced wild swings.

Una nueva clase de tokens de memes creados durante la semana pasada les devolvió mucho de su capital inicial a los primeros inversores. (Getty Images)

Markets

First Mover Asia: Taiwan Chip Manufacturer TSMC Remains a Crypto Skeptic; Major Cryptos Decline

The company, which was burned during the last major crypto bear market, did not mention mining in its last earnings report; bitcoin and ether drop.

Semiconductor manufacturer TSMC did not mention crypto mining in its latest earnings. (Unsplash)