Ethereum technical analysis: Daily ETH/USD keeps trudging along sluggishly in an $11-range

Ethereum technical analysis: Daily ETH/USD keeps trudging along sluggishly in an $11-range

ETH/USD went up from $187.15 to $188.10 so far this Wednesday. The MACD indicator in the daily chart shows decreasing bullish market momentum. ETH/USD is moving along sluggishly in a narrow $11-range between $180.15 and $191.30. This Wednesday, ETH/USD went up from $187.15 to $188.10, which has been wholly negated so far this Thursday.