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


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Bitcoin Holds Support at $45K; Faces Resistance at $50K

Buyers will likely remain active on pullbacks into the weekend.

Bitcoin daily chart

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Market Wrap: Bitcoin Expected to Hold Support Above $45K

Analysts expect bitcoin to remain above its 200-day moving average.

Bitcoin 24-hour price chart, CoinDesk 20

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Bitcoin Declines; Approaching Lower Support at $42K

Bitcoin will need to remain above $40,000-$42,000 in order to resume the uptrend towards $50,000-$55,000.

Bitcoin four-hour chart

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Market Wrap: Bitcoin Trades Sideways as Institutional Demand Expected to Rise

Bitcoin and other cryptocurrencies are consolidating near recent highs.

Bitcoin 24-hour price chart, CoinDesk 20

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Bitcoin Holds Support Near $43K as Rally Pauses

The cryptocurrency is down 3% in the last 24 hours.

Bitcoin four-hour chart

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Market Wrap: Bitcoin Buyers Could Take Profits as Volume Declines

Some analysts are optimistic about the long-term recovery in crypto prices, although the pace of the upside will likely slow over the short term.

Bitcoin 24-hour price chart

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Bitcoin Rangebound Near $50K Resistance; Support at $40K

BTC is trading around the 200-day moving average and will need to break out of a short-term range to resume the uptrend.

Bitcoin daily chart

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Market Wrap: Bitcoin Rally Expected to Pause

Analysts expect traders to take a breather after the crypto's recent rally.

Bitcoin 24-hour price chart, CoinDesk 20

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Bitcoin Holds Support; Approaching $50K Resistance

Bitcoin's uptrend is improving despite brief pullbacks.

Bitcoin four-hour chart

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Ether Upside Strengthens Relative to Bitcoin

The ETH/BTC ratio is holding support above 0.05 and could face initial resistance near 0.08.

Weekly chart of ether-bitcoin (ETHBTC) price ratio.