Dogecoin on-chain data analysis examines how DOGE price could rebound following an ill-fated test starship launch by Elon Musk’s SpaceX.
狗狗币链上数据分析研究了埃隆·马斯克 (Elon Musk) 的 SpaceX 进行了一次不幸的测试星际飞船发射后,狗狗币 (DOGE) 价格如何反弹。
Dogecoin Price Analysis:
Dogecoin (DOGE) price crashed 8% on Saturday, November 18, after Elon Musk’s SpaceX announced the loss of its Starship spacecraft.
狗狗币价格分析:11 月 18 日星期六,埃隆·马斯克 (Elon Musk) 的 SpaceX 宣布其星舰飞船失事后,狗狗币 (DOGE) 价格暴跌 8%。
DOGE price crash following the spacecraft failure brings Dogecoin’s long-running entanglement with Elon Musk to the fore.
航天器故障后狗狗币价格暴跌,使狗狗币与埃隆·马斯克的长期纠葛凸显出来。
Dogecoin Miners took advantage of last week’s price rally to offload 220 Million coins from their reserves.
狗狗币矿工利用上周价格上涨的机会,从储备中抛售了 2.2 亿枚狗狗币。
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.
在 SpaceX 太空探索团队埃隆·马斯克 (Elon Musk) 进行了一次不幸的试飞后,狗狗币的价格在周六迅速下跌 8%,从 0.085 美元跌至 0.078 美元。链上数据分析研究了 DOGE 币价格在未来一周的反应。
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.
SpaceX 星舰坠毁后,狗狗币价格暴跌狗狗币与埃隆·马斯克长期存在的“联系”在本周末再次成为人们关注的焦点。这位亿万富翁的特斯拉首席执行官、航空航天公司报告称,其“星舰”飞船在周六的一次关键试飞中失事,这标志着 SpaceX 的深空发射系统遭受重大挫折。
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.
在过去的几年里,埃隆·马斯克在一系列神秘的推文中多次默认表达了他对狗狗币的偏好,其中包括在《周六夜现场》客串。实际上,狗狗币的价格走势往往与埃隆的公开声明和涉及其公司的重大事件相关。
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.
这种现象在本周末再次出现。在 SpaceX 宣布星舰坠毁事件后,狗狗币价格在消息传出后的几个小时内就开始波动。
Dogecoin Price Performance after SpaceX Spacecraft Crash | November 2023 | Source: TradingView
SpaceX 航天器坠毁后狗狗币的价格表现 | 2023 年 11 月 |来源: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.
狗狗币市值上方的价格图表在 11 月 18 日收盘前暴跌 7.5%。随后 24 小时内发生的恐慌性抛售几乎没有进一步加剧价格跌幅,从 0.085 美元跌至 0.078 美元的周低点。 。
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.
由于埃隆·马斯克之前发表的狗狗币声明具有历史意义,媒体头条主要将周末狗狗币的负面价格走势归因于 SpaceX 飞船坠毁事件。
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.
然而,对最近链上交易的更深入调查表明,狗狗币矿工可能在价格调整中发挥了更核心的作用。根据区块链分析平台 IntoTheBlock 提取的数据,矿商于 11 月 12 日左右开始抛售,当时价格首次突破 0.08 美元。
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.
下图显示,截至 11 月 12 日,矿商持有的总储备余额为 44.6 亿 DOGE。但经过一周的抛售,截至 11 月 19 日,他们的储备余额目前为 42.4 亿 DOGE。
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.
狗狗币 (DOGE) 矿工储备 – 来源:IntoTheBlock 矿工储备图表描绘了狗狗币节点验证器的近期交易活动。它本质上是跟踪存储在受认可的矿业公司和矿池控制的钱包中的硬币总量的实时变化。
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.
狗狗币图表清楚地显示,11 月 12 日至 19 日期间,矿工已售出 2.2 亿枚 DOGE。按 7 天 SMA DOGE 价格 0.083 美元估值,过去一周出售的代币价值约为 1820 万美元。
Hence it appears the bearish trading activity among the miners was also a major driver behind the Dogecoin price correction at the weekend.
因此,矿工之间的看跌交易活动似乎也是周末狗狗币价格调整的主要推动因素。
As the negative sentiment surrounding the spacecraft crash wanes, Dogecoin price rebound prospects next week, may be significantly impacted by the miners’ next move.
随着围绕航天器坠毁的负面情绪消退,下周狗狗币价格反弹的前景可能会受到矿工下一步行动的重大影响。
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.
狗狗币价格预测:反弹前将进一步盘整尽管在 0.000085 美元区域遭到拒绝,但多头仍表现出一定的韧性,以维持强劲的购买势头。
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.
抛物线转向指标确定了持续价格趋势中的重要反转点。目前,DOGE 抛物线 SAR 指标点指向 0.07 美元,远低于当前价格 0.000009 美元。这种一致性强烈表明狗狗币价格即将反弹。
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.
如果多头如预期那样夺取控制权,DOGE 价格将在之前的局部高点 0.086 美元处面临初步阻力。然而,如果狗狗币彻底突破该阻力位,可能会收复 0.1 美元。
Dogecoin (DOGE) Price Prediction | Source: TradingView
狗狗币 (DOGE) 价格预测 |来源: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.
另一方面,如果狗狗币空头成功迫使价格跌破 0.07 美元,他们的预测可能会失效。然而,多头可能会在 0.071 美元的价格范围抛物线 SAR 点附近建立主要买入墙。如果这一支撑区域保持坚挺,埃隆·马斯克“最喜欢的”模因币可能会避免出现重大的看跌逆转。