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 Toward $50K; Resistance Seen Around $52K

Momentum is also stabilizing after several weeks of low trading volume.

Bitcoin four-hour price chart shows support/resistance levels. (Damanick Dantes/CoinDesk, TradingView)

Markets

First Mover Asia: Crypto Traders Laying Low While Fed Ponders; Bitcoin, Ether Gain

A move by the U.S. central bank to ratchet up interest rates could lead investors away from cryptocurrencies, which are considered riskier investments.

Federal Reserve building (Paul Brady Photography/Shutterstock)

Markets

Market Wrap: Cryptocurrencies Stabilize as Traders Await the Fed

Analysts are cautious about crypto prices as risk appetite wanes.

Shutterstock

Markets

Bitcoin Holds Short-Term Support at $46K; Resistance at $50K

The tight price range could persist into the Asia trading day.

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

Markets

First Mover Asia: Bitcoin, Ether Tumble Ahead of Federal Reserve Meeting

An expected interest rate hike could spook investors away from higher-risk assets; the top 20 altcoins by market capitalization were firmly in the red.

Analysts: This Bear Market May Not Last Long

Markets

Market Wrap: Altcoins Underperform as Bitcoin Dips Below $48K

Bullish sentiment continues to fade ahead of tomorrow’s U.S. Federal Reserve meeting.

Bitcoin 24 hour price chart (CoinDesk)

Markets

Bitcoin Drifts Lower, Risks Testing $40K Support

A breakdown could damage the intermediate-term trend despite oversold signals.

Bitcoin daily price chart shows support/resistance with oversold RSI in second panel. (Damanick Dantes/CoinDesk, TradingView)

Markets

First Mover Asia: Bitcoin Bounces Above $50K Amid Light Weekend Trading, Altcoins Kick Higher

Ether climbs back above $4,100 but the direction of crypto markets at the start of the week remains uncertain.

Pixabay

Markets

First Mover Asia: Bitcoin Falls Below $49K as Trading Volume Weakens, Altcoins See Red

Bitcoin’s drop-off coincides with a strengthening U.S. dollar; ether declines.

A skier falls. (Clive Rose/Getty Images)

Markets

Market Wrap: Bitcoin Dips as China’s Evergrande Defaults, Altcoin Outperformance Could Fade

Investors could start to rotate into bitcoin, indicating lower appetite for risk.

Bitcoin dominance ratio (Damanick Dantes/CoinDesk, TradingView)