EOS will soon be headlining the 3rd annual blockchain summit in Shanghai, China. China has been a global powerhouse for the success of cryptocurrency in general and we can expect further democratization of technology and continuing adoption.
15-20% gains in the next month are possible for EOS with this very positive news as Ethereum headlined the 2nd Annual Blockchain Summit in Shanghai last September and saw an increase in price over 20%.
It is likely that deep pockets are suppressing the price right now as EOS is nearing oversold line at 40 on the RSI index. For near term I am extremely bullish on EOS.