It seems that those who have not invested Shiba Inu (Shib) During the recent collapse of prices, he could soon feel the fear of missing, or Fomo as we know on the cryptocurrency market.
The fact is that, according to the popular indicator of Bollinger bands, the price of the popular cryptocurrency inspired by the same has reached what could be a local background after losing 14% since Tuesday. On Friday, when it reached 0.00001462, the price of SHIB jumped by 9%, but what is more important is that it touched a lower strip of the popular indicator.
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For those who do not know it, the Bollinger bands consist of three curves, with the 20-day mobile average as a base and the lower and upper bands like deviations from it. Consequently, the indicator creates a price range in which traders can estimate the momentum of the assets of the assets.
When the price of Shiba Inu jeton Keys the lower strip on an older period of time, its movement means that the chances for the shib increase higher than fall, but not placed in stone because there can be events such as last week with mass liquidations .
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However, on the weekly deadline, this collapse caused the price of Salogner To touch the lower strip, after which it increased by 28% over the next six days.
If the price of the Shiba Inu token has indeed found a background, its next target could be the median, which is currently more than 0.0000178 on the daily time and $ 0.0000217 on the weekly time. It is an increase of at least 13% and at most 38.9%. If Shib manages to make such a trick, the FOMO will be felt throughout the market.