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

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Markets

Market Wrap: Cryptocurrencies Pull Back in Light Trading

"We aren't out of the woods yet," one analyst said; meanwhile, ETH is starting to underperform BTC.

(Shutterstock)

Markets

Bitcoin Stalls Near Resistance; Lower Support at $40K

Overbought signals on intraday charts preceded the current pullback.

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

Markets

First Mover Asia: Bitcoin Cracks $44K as Short-Term Investors Take Profits

Ether and other major altcoins were up over the past 24 hours.

Bitcoin broke through the $44,000 threshold on Monday. (Harold M. Lambert/Getty Images)

Markets

Market Wrap: Bitcoin Rally Strengthens as Trader Sentiment Improves

BTC gained 6% in the past 24 hours, although trading volume remained low.

(Sebastian Grochowicz, Unsplash)

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Markets

Bitcoin's Rally Faces Initial Resistance at $45K-$47K, Support Is at $40K

BTC has confirmed a break above its two month-long downtrend.

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

Markets

First Mover Asia: Bitcoin Sees Little Movement After Light Weekend Trading

Bitcoin moved little on Sunday after another weekend with light volume, while tokens associated with gaming saw a price bump.

Bitcoin options traders are betting the market waters will stay calm.

Markets

Market Wrap: Bitcoin Rallies as Altcoins Take the Lead

Bitcoin rose 11% in the past 24 hours, less than the 13% jump in ETH and 20% rise in NEAR.

(Glen Rushton/Unsplash)

Markets

Bitcoin Attempts to Break Downtrend; Faces Resistance Toward $45K

Bitcoin's price will need to remain above $37,000 over the weekend in order to signal the start of a recovery phase.

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

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Markets

Bitcoin Tops $40K for First Time in 2 Weeks

The price dipped Friday after the U.S. jobs report for January, but reversed as traders grew more confident that the downside is limited.

Bitcoin rallied Friday to top $40,000 for the first time in two weeks. (CoinDesk)

Markets

First Mover Asia: Bitcoin Is Flat in Muted Trading; Ether Declines

The largest cryptocurrency by market capitalization declined before recovering ground later in the day.

Bitcoin's price was roughly flat over the past 24 hours. (Getty Images)