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

Market Wrap: Bitcoin Could Break Out and Rise With Altcoins Next Week

Analysts expect a bullish November for cryptocurrencies.

(Shutterstock)

Markets

Market Wrap: Analysts See Further Upside in Ether as Bitcoin Stalls

BTC’s price has been roughly flat over the past week, compared with a 4% rise in ETH and a 23% rise in Solana’s SOL token over the same period.

ETH/BTC price ratio chart (Damanick Dantes/CoinDesk, TradingView)

Markets

Bitcoin Rangebound, Support Between $58K-$60K Could Stabilize Pullback

Downside appears limited into Asian trading hours.

Bitcoin four-hour price chart (CoinDesk, TradingView)

Markets

Market Wrap: Bitcoin Holds Above $60K After Fed Taper Announcement

Analysts see further upside despite lower trading volume.

Bitcoin price chart (CoinDesk, TradingView)

Markets

Market Wrap: Bitcoin Rangebound as Traders Expect Strong November

Some analysts expect a slight pullback ahead of a seasonally strong period for crypto prices.

Shutterstock

Markets

Market Wrap: Ether Hits New High, Outperforms Bitcoin as Altcoins Rally

ETH is up about 11% over the past week, compared to a 3% rise in BTC over the same period.

Ether price chart (CoinDesk, TradingView)

Markets

Bitcoin Holds Support Above $60K, Pushes Back Toward All-Time High

Upside momentum is improving with seasonal strength in the fourth quarter.

Bitcoin daily price chart (CoinDesk, TradingView)

Markets

Market Wrap: Bitcoin Heads to $61K Ahead of Options Expiry

Analysts expect short-term choppiness ahead of the next leg higher.

Bitcoin price chart (CoinDesk, TradingView)

Markets

Market Wrap: Bitcoin Dips Below $60K as ETF Enthusiasm Fades

“We may see significant price erosion,” said one trader.

Bitcoin support and resistance levels (CoinDesk, TradingView)

Markets

Market Wrap: Long-Term Bitcoin Holders Trim Positions as Rally Stalls

Still, blockchain data show bitcoin holder positioning is consistent with the early stage of a bull market, one firm says.

Bitcoin 24-hour price chart (CoinDesk)