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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Bitcoin daily chart shows support/resistance with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)
Bitcoin Relief Bounce Faces Resistance at $33K-$35K
Buyers are reacting to oversold conditions, although upside appears limited.
Bitcoin daily chart shows support/resistance with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)
(Chris Ratcliffe/Bloomberg via Getty Images
First Mover Asia: Bitcoin Jumps Above $31K; Crypto Carbon Trading Races to Clean Up Act
Carbon credit protocols have had a difficult time in recent months but have been working to improve the way they operate; bitcoin on Monday notched its biggest single-day gain...
(Chris Ratcliffe/Bloomberg via Getty Images
Terra's new LUNA tokens crashed almost as soon as they launched. (NASA)
First Mover Asia: Bitcoin Extends Losing Streak, New LUNAs Crash Like Old LUNAs, Stepn's China Dilemma
Bitcoin was headed for a ninth-straight weekly loss, a record. Terra delivered its new LUNA "revival" tokens, which crashed. Stepn has plenty of company among firms making cha...
Terra's new LUNA tokens crashed almost as soon as they launched. (NASA)
Bitcoin 24 hour price chart (CoinDesk)
Market Wrap: Bitcoin Stuck Below $30K as Buyers Remain on Sidelines
BTC declined by as much as 3% over the past 24 hours and is on track to end the month in the red.
Bitcoin 24 hour price chart (CoinDesk)
Bitcoin weekly chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)
Bitcoin Faces Resistance at $33K; Support at $22K-$25K
Volatility could rise, especially if another price breakdown occurs.
Bitcoin weekly chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)
Crypto briefly decouples from stocks (cdd20/Unsplash)
Market Wrap: Cryptos Down, Stocks Up; Altcoins Underperform
BTC was roughly flat over the past 24 hours, compared with a 6% decline in ETH and a 2% rise in the S&P 500.
Crypto briefly decouples from stocks (cdd20/Unsplash)
Bitcoin daily price chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)
Bitcoin Pares Earlier Losses; Resistance at $33K
BTC remains in a choppy trading range with limited upside.
Bitcoin daily price chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)
Seoul, South Korea (Ciaran O'Brien/Unsplash)
First Mover Asia: Regulatory Attention on Terra Could Change South Korean Trading Environment; Bitcoin Goes Sideways
The founders of two prominent crypto-related organizations said tightened restrictions could make it difficult for foreign tokens to list on Korean exchanges, discouraging pro...
Seoul, South Korea (Ciaran O'Brien/Unsplash)
Volatility ahead (Matt Hardy/Unsplash)
Market Wrap: Metaverse Tokens Rise; Crypto Analysts Expect More Volatility
BTC was roughly flat over the past 24 hours while SAND rose by as much as 7%.
Volatility ahead (Matt Hardy/Unsplash)
Bitcoin four-hour price chart (Damanick Dantes/CoinDesk, TradingView)
Bitcoin Stabilizes in Tight Range; Support at $27K, Resistance at $30K-$35K
BTC has shown no signs of life, but a volatile price move is likely.
Bitcoin four-hour price chart (Damanick Dantes/CoinDesk, TradingView)