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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(Olen Gandy/Unsplash)
Market Wrap: Altcoins Underperform as Bearish Sentiment Rises
Analysts expect price bounces to remain short term.
(Olen Gandy/Unsplash)
Bitcoin weekly price chart shows support/resistance. (Damanick Dantes/CoinDesk, TradingView)
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)
Crypto markets remained bearish. (Christopher Sweet/EyeEm/Getty Images)
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)
Crypto slowdown (Raimond Klavins, Unsplash)
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)
Bitcoin four-hour price chart shows support/resistance. (Damanick Dantes/CoinDesk, TradingView)
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)
Crypto markets sank in Wednesday trading. (Eugene Mymrin/Getty Images)
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/Getty Images)
Bitcoin 24-hour price chart (CoinDesk)
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)
Bitcoin daily price chart shows support/resistance with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)
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)
Tether's failure to pinpoint its banking relationships seems to already be affecting its dollar peg. (Getty Images)
First Mover Asia: Tether Is Quiet About Its Bankers. Will It Affect Its Peg?
Tether has relationships with a number of banks but won't say much more; bitcoin rises slightly.
Tether's failure to pinpoint its banking relationships seems to already be affecting its dollar peg. (Getty Images)
Bitcoin 24-hour price chart (CoinDesk)
Market Wrap: Bitcoin Rises to $32K, Outperforming Altcoins
BTC bounced after a nine-week losing streak, although some analysts remain skeptical.
Bitcoin 24-hour price chart (CoinDesk)