EOS Technical  Analysis: EOS/USD take a chunky bounce off support in an attempt to firmly reclaim $6, expert anticipates $6.50 by November

• EOS price was nursing minor losses of just some 0.25% during trading on Wednesday.
• EOS/USD receives strong support from near-term ascending trend line, after early selling pressure.
• Bulls will be eyeing for a firm return of the $6 territory, however much supply heading into that region is seen.  
• Expert from finder cryptocurrency panel  Joseph Raczynsk, antiicpates EOS to hit $6.50 by November 1st before slowly moving to $7.80 by 31 December 2018. He then projects EOS to reach as high as $19 by the end of 2019.

EOS/USD 60-minute chart  

Spot rate:                   5.9056

Relative change:       -0.25%

High:                          5.9355

Low:                           5.8037

Trend:                        Neutral

Support 1:                 5.8336, ascending trend line support.

Support  2:                 5.8250, 100MA (60-minute),

Support  3:                 5.7000, support on 60-minute chart.

Resistance  1:            5.9150, 50MA (60-minute).

Resistance  2:            5.9500, supply zone.

Resistance  3:            6.0440, 8 October high.