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 Strengthens Above $43K; Resistance at $46K-$51K

Momentum signals are on the verge of turning positive for the first time since August 2021.

Bitcoin daily price chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)

Markets

First Mover Asia: With Finance Bill Vote, India Continues to Reckon With the Growing Crypto Industry; Bitcoin, Ether Tread Water

The expected passage of a finance bill will include a steep crypto tax that the industry says will discourage innovation and cost the country some of its technology talent; several major altcoins rise.

India Parliament building (Unsplash)

Markets

Market Wrap: Altcoins Outperform Bitcoin, Traders Cautiously Await Breakouts

Recent price bounces have lacked conviction among crypto traders, especially in the futures market.

Oso contra toro. (Getty)

Markets

Bitcoin Holds Support Above $40K; Initial Resistance at $46K

Buyers remain active on pullbacks, keeping support levels intact.

Bitcoin four-hour price chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)

Markets

First Mover Asia: Part of Singapore’s Crypto Allure Is a Sheen of Transparency. Is the City-State Changing?

There was no apparent, clear explanation for the Monetary Authority of Singapore's decision to place crypto fund DeFiance Capital on an "Investor Alert List;" bitcoin and major cryptos surge.

CoinDesk placeholder image

Markets

Market Wrap: Bitcoin in Recovery Mode, Crypto Stocks Outperform

BTC rose above $42K while ETH topped $3K for the first time in two weeks.

(Aaron Burden/Unsplash)

Markets

Bitcoin Rises Above $42K; Resistance at $46K-$50K

Momentum is turning bullish over the short term.

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

Markets

First Mover Asia: Why Bitcoin Started the Week Slowly; Ether Rises

Trading of bitcoin has been light as investors seem to be taking measure of an unsettled macroeconomic environment.

Shutterstock

Markets

Market Wrap: Bitcoin Pulls Back After Fed Chair's Comments; Volatility Oversold

Some traders expect greater price swings after month-end volatility selling.

U.S. Federal Reserve (Shutterstock)

Markets

Bitcoin Fades From Resistance; Support at $37K-$40K

Pullbacks could be limited over the short term.

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