XRP, the fifth-largest cryptocurrency by market cap, is showing signs of a potential breakout. Analysts believe that XRP is in a prime position for a significant rally, with price targets ranging from $10 to even $50. The recent formation of three consecutive green candles on the monthly chart is a rare occurrence in XRP’s history, and in the past, it has led to strong price spikes. There are two possible scenarios that could play out based on historical patterns. In the first scenario, XRP could experience a consolidation period before skyrocketing to $50 starting in November 2024. In the second scenario, XRP could surge to $10 starting in April 2024. The current bullish sentiment around XRP is supported by the formation of three successive green candles, indicating a potential upward trend. Despite its underpriced status, XRP is expected to trade within a range of $0.7 to $0.54 in December. A close above $0.93 would suggest the end of the current accumulation phase. Investors are advised to closely monitor XRP’s price movements as it could be an opportune time to enter the market and potentially ride the wave to significant gains.