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


Mercados

Bitcoin Range-Bound Above $35K-$37K Support; Resistance at $40K

The sideways price range could result in higher volatility over the next two weeks.

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

Mercados

First Mover Asia: South Korea Election Made Crypto a Big Issue, but There's No Guarantee of a Follow-Through; Cryptos Suffer Weekend Decline

Both candidates made crypto an important issue to attract younger voters, but it's not yet clear if the winner, Yoon Suk-yeol, will introduce legislation fulfilling his promises; bitcoin and ether were both in the red.

South Korean President-elect Yoon Suk-Yeol celebrates his victory (Chung Sung-Jun/Getty Images)

Mercados

Market Wrap: Cryptos Mixed Amid Global Uncertainty

Price gains were short-lived, although some analysts expect a relief rally if war-related conditions ease.

Global (Shutterstock)

Mercados

Bitcoin Weighed Down by Resistance; Support at $35K-$37K

Upside could be limited with the potential for higher volatility next week.

Bitcoin daily chart with resistance levels (Damanick Dantes/CoinDesk, TradingView)

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First Mover Asia: India Loses Foreign Investment, Chinese Indices Continue a Downward Trend; Cryptos Suffer an Off Day

The world's second-largest country by population has watched foreign investors flee for the last two weeks; bitcoin settles below $40,000.

Analysts: This Bear Market May Not Last Long

Mercados

Market Wrap: Bitcoin Stuck Below $40K, Altcoins See Less Selling Pressure

BTC is down 6% over the past 24 hours, compared with a 3% decline in ETH and a 20% rally in STX.

Cryptos reverse course (cdd20, Unsplash)

Mercados

Bitcoin Returns to Range Below $40K; Support at $35K-$37K

Pullbacks could stabilize into the Asia trading day.

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

Mercados

First Mover Asia: Signs Point Upward for Crypto in India and South Korea; Bitcoin and Ether Soar on US Executive Order

India's finance minister says the country will launch a central bank digital currency sooner than she'd previously indicated; cryptos rise as investors view the Biden administration's executive order as a positive development.

Nirmala Sitharaman, India's finance minister (Narayan/Bloomberg via Getty Images)

Mercados

Market Wrap: Cryptos Rise After Biden's Executive Order; Sentiment Still Mixed

Option traders noticed a surge in demand for BTC volatility products.

(Andy Feliciotti/Unsplash)

Mercados

Bitcoin Enters Resistance Zone Between $40K-$45K

BTC appears to be overbought on intraday charts.

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