The price of Dogecoin has recently been in a downward trend, silently going unnoticed after dropping from earlier highs.

The analyst emphasizes a slow and controlled accumulation and points out that the price action is more measured this time.

According to Blockchain Baller, $0.31 will be the next significant breakout point, therefore it's important to keep an eye on this level.

According to her, this level is not random; rather, it is a turning point where momentum usually changes and retail traders reenter the market.

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