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


Merkado

Bitcoin Holding Support Above $42K; Resistance at $45K-$47K

Support remains intact, which could keep buyers active over the short term.

Bitcoin daily price chart shows support/resistance with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Merkado

First Mover Asia: Bitcoin Erases Prior Days' Gains; Altcoins Slide

The world's largest cryptocurrency by market cap traded in tandem with tech stocks, which also declined.

eraser

Merkado

Bitcoin Stalls Near Resistance; Support Around $40K-$42K

Price weakness could persist into the Asia trading day.

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

Merkado

First Mover Asia: Crypto Prices Rise on Better-Than-Expected US Inflation News

The consumer price index rose 7%, but many investors anticipated a steeper increase; bitcoin and ether prices notched solid gains during the U.S. trading day.

Mountain climber

Merkado

Market Wrap: Altcoins Rally as Bitcoin Buyers Return

FTM, XLM and SHIB were all up over 10% over the past 24 hours, compared with a 2% rise in BTC.

Retail traders were eager to get in on the bitcoin action.

Merkado

Bitcoin Rises Above $43K; Resistance at $45K-$48K

The sell-off appears exhausted as buyers attempt to reverse a short-term downtrend.

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

Merkado

First Mover Asia: Bitcoin, Altcoins Climb Following Fed Reserve Chief's Inflation Reassurances

The head of the U.S. central bank told the Senate Banking Committee the Fed would continue its tactics to combat rising inflation.

The Jokes Wear Thin as Inflation Becomes Normal

Merkado

Market Wrap: Bitcoin and Equities Stabilize as Sentiment Improves

Buyers are starting to return, at least over the short term.

(Shutterstock)

Merkado

Bitcoin Rises From Oversold Levels, Faces Resistance Near $45K

Short-term buyers could remain active into the Asia trading day.

Bitcoin daily price chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Merkado

First Mover Asia: Bitcoin Below $40K Before Regaining Ground; Altcoins Fall

The declines followed U.S. stock exchange losses as investors anticipate continued hawkishness by the U.S. Federal Reserve.

(Johannes Simon/Getty Images)