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Those who did not invest in Shiba inu (Shib) appears during a recent price drop can soon experience the fear of disappearing or fomo as known in the cryptoruracy market.
The thing is in line with the popular indicator of the Bollinger range, the price of popular Krypton inspired inspired has reached what can be locally after losing 14% of Tuesday. When it hit 0.00001462 dollars on Friday, the price of Shib jumped 9%, but what is more important is that he touched the lower belt of the popular indicator.
For those who do not know, Bollinger consist of three curves, with 20-day moving average as base and lower and upper and upper bands as deviations from it. As a result, the indicator generates a price range within which traders can assess the importance of the price of assets.
When the Price Shiba Inua touches the lower term in the elderly frame, its movement seems to be shib to rise higher than to fall, although they do not place such phenomena as last week as last week with massive liquidations .
However, in the weekly time frame, this collapse caused the price of Shib to touch the lower belt, after which it increased by 28% in the next six days.
If the price of Shiba Inua, it really found the bottom, his next target could be a median, which is currently above $ 0.0000178 on the daytime frame and $ 0.0000217 in a weekly time frame. It is a movement of at least 13% and a maximum of 38.9%. It should be able to withdraw such a trick, the FOMO will feel in the whole market.
