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 Trades Sideways as Institutional Demand Expected to Rise

Bitcoin and other cryptocurrencies are consolidating near recent highs.

Bitcoin 24-hour price chart, CoinDesk 20

Markets

Bitcoin Holds Support Near $43K as Rally Pauses

The cryptocurrency is down 3% in the last 24 hours.

Bitcoin four-hour chart

Markets

Market Wrap: Bitcoin Buyers Could Take Profits as Volume Declines

Some analysts are optimistic about the long-term recovery in crypto prices, although the pace of the upside will likely slow over the short term.

Bitcoin 24-hour price chart

Markets

Bitcoin Rangebound Near $50K Resistance; Support at $40K

BTC is trading around the 200-day moving average and will need to break out of a short-term range to resume the uptrend.

Bitcoin daily chart

Markets

Market Wrap: Bitcoin Rally Expected to Pause

Analysts expect traders to take a breather after the crypto's recent rally.

Bitcoin 24-hour price chart, CoinDesk 20

Markets

Bitcoin Holds Support; Approaching $50K Resistance

Bitcoin's uptrend is improving despite brief pullbacks.

Bitcoin four-hour chart

Markets

Ether Upside Strengthens Relative to Bitcoin

The ETH/BTC ratio is holding support above 0.05 and could face initial resistance near 0.08.

Weekly chart of ether-bitcoin (ETHBTC) price ratio.

Markets

Ether Holds Long-Term Support Ahead of All-Time High

The uptrend for ether is strengthening after the cryptocurrency avoided a breakdown below a crucial support threshold.

Ether weekly price chart shows the cryptocurrency trading above its 40-week moving average.

Markets

Bitcoin Avoids Bear Market, Long-Term Uptrend Intact

Resistance near $50,000 to $55,000 could stall the recovery given short-term overbought signals.

Bitcoin weekly price chart

Markets

Market Wrap: Bitcoin Slips as Infrastructure Bill With Crypto Tax Provision Heads to House

Bitcoin pulled back as traders digest regulatory developments in the U.S.

Bitcoin 24-hour price chart, CoinDesk 20