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Dogecoin Price Forms Bearish Patterns Amid ETF Drought

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DOGE
$0.1228-2.31%
Dogecoin (DOGE) is showing a bearish trend with key chart patterns like the head-and-shoulders and death cross emerging. The price fell to $0.1227, down 75% from its yearly high. Futures open interest has dropped to $1.4 billion from $6 billion. ETF inflows for Grayscale and Bitwise DOGE ETFs have stalled since Dec. 11.
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