Ripple (XRPUSD) price jumped sharply higher in its latest intraday trading after the support level at $1.4100 held firm, which provided the price with positive momentum that was reinforced by continued positive signals from the Stochastic indicators after reaching deeply oversold levels, as the price managed through this rise to overcome the negative pressure from its 50-day SMA, strengthening the chances of extending its gains in the near term.

Therefore we expect the digital currency price to rise in its upcoming intraday trading, as long as it remains above the $1.4100 support level, targeting the key resistance level at $1.5000.

Todays price forecast: Bullish