EOS -$5.5 will be achieved soon

Analyzing the 4-hour chart, a crucial resistance level is $6, while the vital support zone is $5. Currently, the quotes are trading at their local minima since the beginning of the month. The RSI indicator shows the oversold of the coin with the important point of 60. If we apply this pattern to our chart, we can predict that $5.5 is equal to the data of the indicator.

However, that bounce back is only possible with the interest of traders and investors in EOS. Now we do not see such tendency, as the market capitalization lost around $200 million over the last few days.