The price of the Shiba Inu (SHIB) cryptocurrency has reached a potential local bottom after a recent slump, according to the Bollinger Bands indicator. The indicator suggests that the odds for SHIB to rise are higher than to fall when the price touches the lower band. In the past, when SHIB touched the lower band, it experienced a significant increase in price. If the price has indeed found a bottom, its next target could be the median, which would result in a potential increase of 13% to 38.9%. This could lead to a fear of missing out (FOMO) among traders in the cryptocurrency market.



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