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Dogecoin price forms bullish falling wedge; ADX at 27.95 signals trend

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Summary
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71% Informative

Analysts predict Dogecoin could reach $ 3-$5 if support between $0.16-$0.19 holds.

Grayscale Investments , CoinShares , WisdomTree have submitted applications for a DogeCoin ETF.

SEC begins review of the application, signaling the beginning of a formal review process.

Chart analysis indicates that DOGE price may be preparing for a breakout.

The Average Directional Index (ADX) at 27.95 signals that a trend is forming.

VR Score

55

Informative language

46

Neutral language

67

Article tone

formal

Language

English

Language complexity

51

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not offensive

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Time-value

short-lived

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