XRP Price Today: XRP Set to Surge as Short-Term Capitulation Sparks Bullish Run Toward $3.50

XRP is currently in a re-accumulation phase, trading between $1.99 support and $3.30 resistance, suggesting an impending bullish breakout. Analysts note that short-term holders have entered a capitulation zone, a historical indicator preceding major price reversals, allowing whales and institutions to accumulate positions. The cryptocurrency is holding above its 200-day EMA, reinforcing long-term bullish sentiment. Technically, XRP is situated in a critical weekly support zone near $2.00; a successful bounce from this level could launch the price past $3.50. While near-term projections target $2.28, breaking resistance above $3.30 could open the door to $5–$10 targets by late 2025, contingent on continued momentum and broader market factors like regulatory clarity.

(Source：Brave New Coin)