XRP has been making a comeback in the cryptocurrency market, recently hitting a high of 91 cents, sparking renewed excitement among investors. The surge has many speculating that XRP could soon reach $1, marking a major milestone for the digital asset. Here’s a closer look at the current trends surrounding XRP and what could be next for the cryptocurrency.

XRP’s Strong Weekly Performance

According to CoinMarketCap, XRP has surged 71% in the past seven days, standing out among the top-performing assets. While meme coins like Dogecoin, Pepe, and Floki are leading the market in short-term gains, XRP’s impressive rally is drawing attention as a potential breakout asset.

This strong momentum comes at a time when Ripple’s USD stablecoin listings are beginning to gain traction, further fueling optimism about XRP’s future. Analysts suggest that these developments could be a sign of bigger things to come.

A Long-Awaited Breakout?

On The Paul Barron Network, Tim Warren, Host of Investing Broz said that while many have written off XRP as a “boring” or stagnant coin, the recent price action suggests that XRP could be entering a new bullish phase. The cryptocurrency has been in a long-term downtrend, with periods of low volatility and consolidation. However, after years of price constriction, XRP appears to have broken out above its long-standing resistance level for the first time in over four years.

This breakout is being viewed as a potential sign that XRP could be shifting from a bearish to a bullish trend, with some analysts predicting that the price could rise significantly in the coming months.