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 Rises Above $43K; Resistance at $45K-$48K

The sell-off appears exhausted as buyers attempt to reverse a short-term downtrend.

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

Markets

First Mover Asia: Bitcoin, Altcoins Climb Following Fed Reserve Chief's Inflation Reassurances

The head of the U.S. central bank told the Senate Banking Committee the Fed would continue its tactics to combat rising inflation.

The Jokes Wear Thin as Inflation Becomes Normal

Markets

Market Wrap: Bitcoin and Equities Stabilize as Sentiment Improves

Buyers are starting to return, at least over the short term.

(Shutterstock)

Markets

Bitcoin Rises From Oversold Levels, Faces Resistance Near $45K

Short-term buyers could remain active into the Asia trading day.

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

Markets

First Mover Asia: Bitcoin Below $40K Before Regaining Ground; Altcoins Fall

The declines followed U.S. stock exchange losses as investors anticipate continued hawkishness by the U.S. Federal Reserve.

(Johannes Simon/Getty Images)

Markets

Market Wrap: Traders Brace for Higher Volatility; Altcoins Underperform

Crypto prices are stabilizing, although some traders remain cautious.

(Shutterstock)

Markets

Bitcoin Stabilizes Above $40K Support; Resistance Near $45K

Buyers could respond to short-term oversold signals, although upside appears limited.

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

Markets

First Mover Asia: Bitcoin, Altcoins Rebound Amid Light Trading

Bitcoin topped $42,500 on Sunday after reaching its lowest mark since late September the day before; ether reaches over $3,200.

(Matt Cardy/Getty Images)

Markets

Market Wrap: Crypto Traders Reduce Leverage, Selling Pressure Subsides

Analysts expect cryptocurrencies to stabilize given signs of healthier market conditions.

Traders on the floor at the New York Stock Exchange, New York City, USA, 2nd June 1981. (Photo by Barbara Alper/Getty Images)

Markets

Bitcoin Oversold Within Downtrend; Resistance at $45K

Upside is limited as long-term technical indicators turned negative.

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