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


Mercati

Bitcoin Drifts Lower, Support at $25K-$27K

BTC is roughly flat over the past week. Technical signals suggest a neutral to bearish outlook.

Bitcoin's weekly chart shows support/resistance. (Damanick Dantes/CoinDesk, TradingView)

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First Mover Asia: KuCoin Plans to Bolster DeFi Activity on Its Blockchain After $150M Raise; Cryptos Gain

The crypto exchange will add technical features to support developers and build on KuCoin's public blockchain; bitcoin outperforms ether.

KuCoin

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Market Wrap: Cryptos Pare Earlier Losses, Bitcoin Outperforms

BTC is declining less than altcoins, indicating a lower appetite for risk among traders.

Bitcoin's 24-hour chart (CoinDesk)

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Bitcoin Returns Above $30K, Resistance at $35K

BTC appears oversold, although trading conditions have been choppy over the past few days.

El gráfico diario de bitcoin muestra el soporte/resistencia con el RSI en la parte inferior. (Damanick Dantes/CoinDesk, TradingView)

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First Mover Asia: Pine Wants to Test the Liquidity of the NFT Market; Cryptos Are Well-Red

The number of users on NFT markets is at its lowest point this year, but still higher than in 2021. The crypto lending platform sees an opportunity.

Most major cryptocurrencies were in the red. (Paolo Bruno/Getty Images)

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Market Wrap: Bitcoin Dips, Stocks Plummet as Volatility Spikes

Traders continue to hedge against further price declines.

Bitcoin 24-hour price chart (CoinDesk)

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Bitcoin lucha por mantener el soporte en $27K-$30K

BTC está en una zona de soporte positiva, aunque el impulso a largo plazo sigue siendo débil.

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

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Bitcoin Struggles to Hold Support at $27K-$30K

BTC is testing an important support zone, although long-term momentum remains weak.

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

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First Mover Asia: USDC Hasn’t ‘Flippened’ USDT, but Trader Preferences Are Changing; Cryptos Rise Despite Bearishness

A Glassnode analyst suggests the collapse of the UST token has triggered a change in investors' stablecoin preferences; bitcoin holds above $30,000.

Mercado bajista —bear market, en inglés— de cripto. (Olen Gandy, Unsplash)

Mercati

Market Wrap: Cryptos and Stocks Mixed Amid Bearish Sentiment

BTC is stabilizing around $30K while stock market volatility begins to fade.

Markets are mixed. (Milly Vueti/Unsplash)