🚨Analyst: A prominent candle is looming on XRP with a target of hitting $2 by the end of this year.

Although XRP has seen significant swings over the past week, the cryptocurrency has remained in a stable price range between $0.65 and $0.45 for most of 2024. However, based on the current monthly chart,

XRP appears poised to start a parabolic rally after the cryptocurrency broke a three-and-a-half-year downtrend during the third quarter.

Mikybull, an independent cryptocurrency analyst, claimed that XRP

is at a ripe stage to experience an explosive rally.

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