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

Market Wrap: Bitcoin Stabilizes as Altcoins Underperform; Expect More Volatility

Analysts expect greater price swings because of macroeconomic risks and ongoing stablecoin woes.

Volatility ahead (Matt Hardy/Unsplash)

Markets

Bitcoin Holding Support Above $27K; Resistance at $35K-$40K

BTC is oversold and could see a short-term relief bounce.

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

Markets

First Mover Asia: Bitcoin at 16-Month Low as UST Collapse Shows Risks of 'Algo' Stablecoins

A number of algorithm-based stablecoins have already failed; bitcoin and other cryptos see deep red.

Bitcoin and other major cryptos plummeted. (Shutterstock)

Markets

Market Wrap: Cryptos Extend Losses as LUNA Plunges

Bitcoin declined by as much as 6% over the past 24 hours, as LUNA dropped 96% and SOL fell 30%.

A trader works on the floor of the New York Stock Exchange (Michael Nagle/Bloomberg via Getty Images)

Markets

Bitcoin Struggles Near $27K-$30K Support Zone

BTC is deeply oversold, but upside appears limited.

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

Markets

First Mover Asia: Crypto Market Decline Underlines Its Unpredictability; Bitcoin Holds at $31K

Most signs have pointed downward, but predicting price trends in the days and weeks ahead is difficult; major cryptos have a mixed day.

Crypto's still in a bear market. (Christof Koepsel/Getty Images)

Markets

Market Wrap: Altcoins Outperform as Bitcoin Stabilizes Around $30K

BTC rose by 4% over the past 24 hours, compared with a 19% rally in MATIC.

Bitcoin rise (Shutterstock)

Markets

Bitcoin Holding Support at $30K, Resistance at $35K

BTC's volume uptick is an initial sign of capitulation, but upside remains limited.

Bitcoin daily chart shows support/resistance levels with volume on the bottom. (Damanick Dantes/CoinDesk, TradingView)

Markets

First Mover Asia: Did Nvidia Profit From Crypto Mining? Consider Its Manufacturing Partners’ Stocks; Cryptos Have a Rough Day

The manufacturer of graphics processing units has been reluctant to acknowledge the role its products play in crypto mining; bitcoin and ether plummet.

Graphics card GPUs

Markets

Bitcoin bajo presión, con soporte en $27K-$30K

La caída de BTC se confirma y la subida aparenta ser limitada.

(Archivo de CoinDesk)