Elon Musk의 Starship 출시 후 Dogecoin (DOGE) 가격이 반등할까요?

Dogecoin on-chain data analysis examines how DOGE price could rebound following an ill-fated test starship launch by Elon Musk’s SpaceX.

Dogecoin 온체인 데이터 분석은 Elon Musk의 SpaceX의 불운한 테스트 우주선 출시 이후 DOGE 가격이 어떻게 반등할 수 있는지 조사합니다.

Dogecoin Price Analysis:

Dogecoin (DOGE) price crashed 8% on Saturday, November 18, after Elon Musk’s SpaceX announced the loss of its Starship spacecraft.
Dogecoin 가격 분석: Elon Musk의 SpaceX가 우주선 우주선의 분실을 발표한 후 Dogecoin(DOGE) 가격이 11월 18일 토요일에 8% 폭락했습니다.
DOGE price crash following the spacecraft failure brings Dogecoin’s long-running entanglement with Elon Musk to the fore.
Dogecoin Miners took advantage of last week’s price rally to offload 220 Million coins from their reserves.
Dogecoin 채굴자들은 지난 주의 가격 상승을 활용하여 보유고에서 2억 2천만 개의 코인을 오프로드했습니다.

Dogecoin price experienced a rapid 8% drop on Saturday, tumbling from $0.085 to $0.078, following an ill-fated test flight by Elon Musk, SpaceX’s space exploration team. On-chain data analysis examines how DOGE coin price could respond in the week ahead.

Dogecoin Price Tumbled After SpaceX’s Starship Crashed

Dogecoin’s long-running “affiliation” with Elon Musk was again brought to the fore this weekend. The billionaire’s Tesla CEO’s, aerospace company reported the loss of its Starship spacecraft during a crucial test flight on Saturday, marking a significant setback for SpaceX’s deep-space launch system.

SpaceX의 우주선 추락 이후 Dogecoin 가격 폭락 Dogecoin과 Elon Musk의 오랜 '제휴'가 이번 주말에 다시 부각되었습니다. 억만장자의 테슬라 CEO인 항공우주회사는 토요일 중요한 시험 비행 중에 스타십 우주선이 분실되었다고 보고했으며 이는 SpaceX의 심우주 발사 시스템에 심각한 차질을 빚었습니다.

Over the last few years Elon Musk has tacitly expressed his preference for Dogecoin multiple times in a series of cryptic tweets, including a Saturday Night Live cameo. In effect Dogecoin prices have often moved in correlation with Elon’s public statements and notable events involving his companies.

This phenomenon reared its head once again this weekend. After SpaceX announced the Starship crash, within hours of the news Dogecoin price began to wobble.

Dogecoin Price Performance after SpaceX Spacecraft Crash | November 2023 | Source: TradingView

SpaceX 우주선 충돌 후 Dogecoin 가격 성과 | 2023년 11월 | 출처: TradingView

The price chart above Dogecoin market value crashed by 7.5% before the close of November 18. And the panic sell that has ensued in the subsequent 24 hours barely further exacerbated the price decline to 10% as it tumbled from $0.085 to a weekly low of $0.078.

Miners Had Been Selling Way Before the Spacecraft Crashed

Media headlines have majorly attributed the negative DOGE price action at the weekend to the SpaceX spacecraft crash due to the historical significance of Elon Musk’s previous Dogecoin statements.

However, a deeper inquest into recent on-chain transactions shows that Dogecoin miners may have played a more central role in the price correction. According to the data pulled from IntoTheBlock, a blockchain analytics platform, the miners began selling around November 12, when prices first broke above $0.08.

그러나 최근 온체인 거래에 대한 심층 조사를 통해 Dogecoin 채굴자가 가격 조정에 더 중심적인 역할을 했을 수 있음을 알 수 있습니다. 블록체인 분석 플랫폼인 IntoTheBlock에서 가져온 데이터에 따르면 채굴자들은 가격이 처음으로 0.08달러를 돌파한 11월 12일경에 판매를 시작했습니다.

The chart below shows that the miners held a total reserve balance of 4.46 billion DOGE on November 12. But after a week-long sell off, their balance now stands at 4.24 billion DOGE as of November 19.

아래 차트는 채굴자들이 11월 12일에 총 보유 잔액 44억 6천만 DOGE를 보유하고 있음을 보여줍니다. 그러나 일주일 동안 매도한 후 현재 11월 19일 현재 그들의 잔액은 42억 4천만 DOGE에 도달했습니다.

Dogecoin (DOGE) Miners’ Reserves – Source: IntoTheBlock

The Miners Reserves chart pictures the recent trading activity of Dogecoin node validators. It essentially tracks the real-time changes in the total coins deposited in wallets controlled by recognized mining companies and mining pools.

The Dogecoin chart clearly shows the miners have sold off 220 million DOGE between November 12 and November 19. When valued at the 7-day SMA DOGE price $0.083, the coins sold over the past week are worth approximately $18.2 million.

Hence it appears the bearish trading activity among the miners was also a major driver behind the Dogecoin price correction at the weekend.

As the negative sentiment surrounding the spacecraft crash wanes, Dogecoin price rebound prospects next week, may be significantly impacted by the miners’ next move.

우주선 추락을 둘러싼 부정적인 감정이 줄어들면서 다음 주 Dogecoin 가격 반등 전망은 채굴자들의 다음 움직임에 의해 큰 영향을 받을 수 있습니다.

Dogecoin Price Forecast: More Consolidation Before Rebound

Despite rejecting at the $0.000085 territory, the bulls have shown some resilience to maintain a strong buying momentum.

Dogecoin 가격 예측: 반등 전 추가 통합 $0.000085 영역에서 거부했음에도 불구하고 황소는 강력한 구매 모멘텀을 유지하기 위해 어느 정도 회복력을 보여주었습니다.

The Parabolic SAR identifies vital reversal points in an ongoing price trend. Currently, the DOGE Parabolic SAR indicator dots point toward $0.07, which is well below the current price of $0.000009. This alignment is a strong indication of an imminent Dogecoin price rebound.

If the bulls seize control as predicted, DOGE price will face initial resistance at the previous local high of $0.086. However, a decisive breakout from that resistance could see Dogecoin reclaim $0.1.

황소가 예측대로 통제권을 장악하면 DOGE 가격은 이전 지역 최고치인 $0.086에서 초기 저항에 직면하게 됩니다. 그러나 해당 저항이 결정적으로 돌파되면 Dogecoin이 0.1달러를 회수할 수 있습니다.

Dogecoin (DOGE) Price Prediction | Source: TradingView

On the flip side, the Dogecoin bears could invalidate that prediction if they successfully force a downswing below $0.07. However, the bulls will likely mount a major buy wall around the Parabolic SAR point at $0.071 price range. If that support territory holds firm, Elon Musk’s “favorite” memecoin by will likely avoid a major bearish reversal.

반면, Dogecoin 하락세는 $0.07 이하로 하락세를 성공적으로 유도할 경우 해당 예측을 무효화할 수 있습니다. 그러나 황소는 $0.071 가격대에서 Parabolic SAR 지점 주변에 주요 구매 벽을 쌓을 가능성이 높습니다. 해당 지지 영역이 확고하게 유지된다면 Elon Musk가 "가장 좋아하는" 밈코인은 큰 약세 반전을 피할 수 있을 것입니다.