Market could be on the verge of a volatility surge on the next week
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The price of Shiba Inu has moved very little or not at all over the past few weeks continuing to be stuck in a deadlock.has made multiple attempts to move outside of its current trading range but hasn't been able to build much momentum which has left investors and traders uneasy. is presently stuck in a small trading range with its price circling around $0.0000134. The 200-day and 100-day exponential moving averages coincide with the resistance levels at $0.00001813 and $0.
A lack of strong buying interest and decreased trading volume are two possible reasons for the inability to break through this resistance level in the market. have fallen to their lowest point in five years raising the possibility of a fundamental crisis. The strength of the broader market and the network's economic model may be significantly impacted by this drop in fees. has increased by 58,292 ETH in the last 30 days with an issuance rate of 939,000 ETH annually.
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