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


Merkado

Bitcoin Stabilizes in Tight Range; Support at $27K, Resistance at $30K-$35K

BTC has shown no signs of life, but a volatile price move is likely.

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

Merkado

First Mover Asia: Bitcoin Dominates but Altcoins Lurk

Although Terra's collapse has raised existential questions about the future of DeFi, some traders appear to be preparing for a return to altcoins; BTC remains rangebound below $30,000 in Tuesday trading.

brown bear (Fabe collage, Unsplash)

Merkado

Market Wrap: Cryptos Decline Amid Bearish Sentiment

The bitcoin Fear & Greed Index reached its second-lowest record fear level in history. Analysts expect a period of lower returns.

Investors grapple with market risk. (Mostafa Meraji, Unsplash)

Merkado

Bitcoin Range-Bound; Support at $27K, Resistance at $33K

Technical indicators are neutral, and upside appears limited from here.

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

Merkado

First Mover Asia: Funds Lost Billions in the Terra Collapse. Here are the Ongoing Effects; Bitcoin Sees Red

When a fund suffers a major dent to its token, the impact reverberates widely throughout the venture funding eco-system; most major cryptos fell despite gains in U.S. equity markets.

Dominos showing risk. (Getty)

Merkado

Market Wrap: Bitcoin Unable to Hold $30K, Altcoins Mixed

BTC declined by 2% over the past 24 hours, while Fantom's FTM token rallied by as much as 16%.

Bitcoin 24-hour chart (CoinDesk)

Merkado

Bitcoin mantiene el soporte en $27K-30K, con resistencia en $35K

Es probable que exista un breve rebote hacia una zona de alivio, similar a lo que ocurrió a finales de febrero y finales de marzo.

Gráfico diario de bitcoin con soporte/resistencia. (Damanick Dantes/CoinDesk, TradingView)

Merkado

Bitcoin Holds Support at $27K-30K; Resistance at $35K

A brief relief bounce is likely, similar to what occurred in late February and late March.

Gráfico diario de bitcoin con soporte/resistencia. (Damanick Dantes/CoinDesk, TradingView)

Merkado

First Mover Asia: Terra's Difficult Post-Collapse Path: VCs Backing Away, Regulators Jumping on Stablecoins

Some investors see salvageable pieces in the rubble while others are bemoaning their involvement and want to forget the protocol ever existed; bitcoin edges up in weekend trading.

(Javardh/Unsplash)

Merkado

Market Wrap: Cryptos Decline Amid Choppy Trading, DeFi Tokens Underperform

Aversion to risk remains as volatility returns to stocks and cryptos.

(Getty Images)