OMGUSD: Watch the Descending Triangle, 2 Sinarios

On daily a descending triangle is forming with the rebouncing strong usdollar.But we still find the pair is not as weak as ripple, means some buying position near the readline.

Check if price break the level, and further downside prevails heading to 4.41.

Alternative sinario, if price hold tight with bullish cross over of MACD, upper to 11.6 won't be a crazy idea.