Ripple’s XRP has made a notable comeback, achieving a remarkable 16% increase to surpass the $1.65 mark over the weekend. Unlike the prior month’s downturn that plagued the cryptocurrency market, the last 24 hours have favored almost all digital assets.

XRP emerged as a standout performer, reaching its highest value since February 1. Analyst CryptoWZRD commented on XRP’s favorable charts against both USD and BTC, suggesting a strong likelihood of further gains. Another analyst known as Cobb expressed that XRP might have started to separate from other major cryptocurrencies.

Currently, XRP is one of the only two cryptocurrencies in the top 20 demonstrating double-digit increases over the past day, aside from DOGE, which surged over 20%.

In a recent update, ERGAG CRYPTO described the weekly candle’s formation, which may indicate a potential reversal due to the recent downtrend.

XRP had experienced a significant drop earlier this year, hitting a low of $1.10 after peaking at $2.40 in January. However, it has rebounded to $1.65, showcasing a nearly 50% recovery from its recent lows.

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Analyst Recommendation: Following the market dynamics, ERGAG CRYPTO suggested focusing on XRP’s structure, which appears bullish unless proven otherwise.