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

First Mover Asia: Bitcoin Rebound Continues Into Third Day Amid Lessening Omicron Fears

Ether and all but one other altcoin ranked among CoinDesk’s top 20 by market cap also rose.

(Jared Schwitzke/Unsplash)

Markets

Market Wrap: Bitcoin Bears Retreat as Traders Buy on Dips

Bitcoin is up about 6% over the past 24 hours. Analysts expect short-term price gains.

Bull/bear (Shutterstock)

Markets

Bitcoin Returns Above $58K as Momentum Improves

Buyers will need to clear $60K resistance to maintain an uptrend.

Bitcoin daily price chart (Damanick Dantes/CoinDesk, TradingView)

Markets

First Mover Asia: Bitcoin Falls in Pre-Holiday Trading; Ether Drops

A recovery in the tether-yuan pairing suggests the Chinese market is slowly recovering from the country’s crypto trading ban in September.

The yuan, China's national currency.

Markets

Market Wrap: Higher Volatility Expected in Bitcoin and Ether

There could be sharp price moves over the next few days.

Volatility expected (Saxon White, Unsplash)

Markets

Bitcoin Held Support at $53K, Faces Initial Resistance Around $60K

Initial signs of downside exhaustion could stabilize the intermediate-term uptrend from July.

Bitcoin daily price chart (Damanick Dantes/CoinDesk, TradingView)

Markets

First Mover Asia: Bitcoin Edges Toward $58K; Altcoins Recover From 7-Day Lows

The dominance of the largest cryptocurrency by market capitalization dipped to 42%, far off its October high.

(Shutterstock)

Markets

Market Wrap: Altcoins Outperform as Bitcoin Stabilizes

The rise in altcoins suggests a greater appetite for risk among traders.

Crypto Markets Update

Markets

Bitcoin Holds Support at $56K, Resistance at $60K-$63K

Momentum is improving as oversold readings appear on the chart.

Bitcoin four-hour price chart shows short-term price levels with oversold RSI in second panel. (Damanick Dantes/CoinDesk, TradingView)

Markets

First Mover Asia: Bitcoin Drops to $56.5K After Brief Rally; Ether Also Falls

Crypto and equity markets rose in early trading after the news that U.S. President Joe Biden had reappointed Jerome Powell as chair of the Federal Reserve.

Roller coaster