Alts have recently been percolating after a few months of persistent bleeding. I am not convinced that the crypto market has bottomed, but certain crypto assets like EOS is making a strong case that it has bottomed. EOS/USD Daily Chart (Binance)(click to enlarge)The daily chart shows that price action is in a breakout attempt. It looks like volatility has been narrowing during the stretch of consolidation/bearish correction since mid-January.The 4/11 price action broke out of this narrowing. With strong volume, the 4/11 rally is telling us bulls are taking control of EOS now.The RSI pushing above 60 also tells us the prevailing bearish momentum is done. Price might be anchoring above the $6.00 mark. Still, I am not completely convinced about a bullish reversal. I can anticipate a sideways market with more confidence.In this scenario, I think the $8.50-$9.00 area will provide resistance. (We are already seeing some selling at $8.00.)(click to enlarge)From CoinPowR