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Damanick Dantes

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.

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chart arrows up down ((Shutterstock/Bankrx)
Markets
First mover
First Mover Asia: Bitcoin and Other Cryptos Tick Up in Weekend Trading
Ether and other major altcoins are slightly in the green as investors continue to look for clarity on the direction of the global economy; stablecoins face increasing scrutiny.
chart arrows up down ((Shutterstock/Bankrx)
By James RubinDamanick Dantes
Jun 6, 2022 at 1:11 a.m. UTC
Jun 6, 2022
First MoverAsia PacificBitcoinEtherAltcoins
Crypto bear market (Olen Gandy, Unsplash)
Markets
Bitcoin
Market Wrap: Altcoins Underperform as Bearish Sentiment Rises
Analysts expect price bounces to remain short term.
Crypto bear market (Olen Gandy, Unsplash)
By Damanick Dantes
Jun 3, 2022 at 8:43 p.m. UTC
Jun 3, 2022
BitcoinBitcoin PriceMarketsAltcoinsStocks
Bitcoin weekly price chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)
Markets
Technical analysis
Bitcoin Stuck Below $34K Resistance, Support at $20K-$25K
Short-term price action is stabilizing but expect a rise in volatility.
Bitcoin weekly price chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)
By Damanick Dantes
Jun 3, 2022 at 6:00 p.m. UTC
Jun 3, 2022
Technical AnalysisBitcoinBitcoin PriceTradingMarkets
Crypto markets remained bearish. (Christopher Sweet/EyeEm/Getty Images)
Markets
First mover
First Mover Asia: Bitcoin Climbs Past $30K, but Bearish Sentiment Remains
Cryptos were largely in the green, although trading was choppy; India crypto investors receive some upbeat news.
Crypto markets remained bearish. (Christopher Sweet/EyeEm/Getty Images)
By James RubinDamanick Dantes
Jun 2, 2022 at 11:35 p.m. UTC
Jun 2, 2022
First MoverAsia PacificBitcoinEtherIndia
Crypto slowdown (Raimond Klavins, Unsplash)
Markets
Bitcoin
Market Wrap: Cryptos Mixed Amid Choppy Trading, Bitcoin Activity Slows
The drop in activity on the blockchain is similar to what occurred during the 2018 bear market.
Crypto slowdown (Raimond Klavins, Unsplash)
By Damanick Dantes
Jun 2, 2022 at 8:29 p.m. UTC
Jun 2, 2022
BitcoinBitcoin PriceMarketsAltcoinsStocks
Gráfico diario de soporte/resistencia de bitcoin. (Damanick Dantes/CoinDesk, TradingView)
Markets
Bitcoin
Bitcoin se estabiliza en un rango estrecho de trading con resistencia en $33K
BTC continúa cotizando alrededor de un punto medio de $30.000, mientras los indicadores se mantienen neutrales.
Gráfico diario de soporte/resistencia de bitcoin. (Damanick Dantes/CoinDesk, TradingView)
By Damanick Dantes
Jun 2, 2022 at 8:01 p.m. UTC
Jun 2, 2022
BitcoinPricesMarketsno-livewire
Bitcoin four-hour price chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)
Markets
Technical analysis
Bitcoin Stabilizes in Tight Trading Range, Resistance at $33K
BTC continues to trade around a midpoint of $30,000 as indicators remain neutral.
Bitcoin four-hour price chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)
By Damanick Dantes
Jun 2, 2022 at 5:47 p.m. UTC
Jun 2, 2022
Technical AnalysisBitcoinBitcoin PriceTradingMarkets
Crypto markets sank in Wednesday trading. (Eugene Mymrin)
Markets
First mover
First Mover Asia: Bitcoin Sinks Below $30K Amid Renewed Risk Fears
Major altcoins fared worse in Wednesday trading, reversing most gains from the U.S. holiday weekend rally; South Korea takes a harder look at crypto.
Crypto markets sank in Wednesday trading. (Eugene Mymrin)
By Damanick DantesJames Rubin
Jun 2, 2022 at 12:01 a.m. UTC
Jun 2, 2022
First MoverAsia PacificBitcoinEtherAltcoins
Bitcoin 24-hour price chart (CoinDesk)
Markets
Bitcoin
Market Wrap: Bitcoin Declines, Resisting Seasonal Norm; Altcoins Mixed
BTC declined by 4% over the past 24 hours, while WAVES rallied by 21%. The odds of positive monthly returns diminish until Q4.
Bitcoin 24-hour price chart (CoinDesk)
By Damanick DantesKrisztian Sandor
Jun 1, 2022 at 8:21 p.m. UTC
Jun 1, 2022
BitcoinBitcoin PriceMarketsAltcoinsStocks
Bitcoin daily price chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)
Markets
Technical analysis
Bitcoin Slips as Relief Bounce Loses Steam, Support at $27K
Long-term momentum remains negative, capping upside moves in price.
Bitcoin daily price chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)
By Damanick Dantes
Jun 1, 2022 at 6:43 p.m. UTC
Jun 1, 2022
Technical AnalysisBitcoinBitcoin PriceTradingMarkets