A respected market analyst known as ChartNerd has drawn parallels between XRP’s long-term price movement and Amazon’s early trading history, suggesting that the digital asset could be preparing for a significant upward breakout. In a recent market update, the analyst shared a comparative chart showing how Amazon’s price action between 1999 and 2009 mirrors XRP’s consolidation pattern from 2017 to 2025. Based on this historical correlation, he proposed that XRP may be entering the same pre-rally phase that preceded Amazon’s massive multi-year growth. Amazon’s Historical Pattern and XRP’s Current Setup According to ChartNerd’s assessment, Amazon’s stock peaked in 1999 before spending roughly a decade moving sideways in a prolonged consolidation phase. Once it broke above resistance in 2009, the company’s stock entered an extended rally that defined its long-term growth trajectory. $XRP 1. $AMZN 1999-2009 2. $XRP 2017-2025 Amazon placed an ATH in 1999 and had to wait just under 10 years before a whopping vertical climb above $20.. $XRP placed an ATH in 2017 and has had to wait 8 years to start breaking its ATH.. Yet I'm reaching with my $27 targets? pic.twitter.com/CtdryNC3TS — ChartNerd (@ChartNerdTA) October 8, 2025 He compared this structure to XRP’s price behavior following its 2018 all-time high. For nearly eight years, XRP has traded below that level, repeatedly testing resistance without a clear breakout. The analyst noted that both assets share similar long-term accumulation patterns, with XRP’s key resistance area centered around the $3 mark. ChartNerd believes that once XRP closes decisively above this threshold, the market could see a sustained breakout phase similar to Amazon’s in 2009. He identified $27 as a realistic target based on the scale of prior consolidation and the projected extension of the current cycle. Why the $27 Projection Appears Reasonable The analyst emphasized that the projection is not merely speculative but rooted in historical price behavior. He explained that market cycles often repeat when similar technical conditions appear. Amazon’s breakout followed years of low volatility and steady accumulation, a setup he argues XRP now replicates. A move from XRP’s current range near $2.80 to $27 would represent nearly a 10-fold increase. ChartNerd suggested that such an advance, while ambitious, aligns with how previous major crypto assets have behaved once they overcame multi-year resistance levels. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 ChartNerd is not the only commentator expecting XRP to reach this level. Market analyst EGRAG recently reiterated a similar $27 forecast using long-term Fibonacci extension and linear regression models. In his analysis, EGRAG projected that XRP could potentially reach that target before the end of the year if momentum shifts in favor of bulls. Both analysts share the view that XRP’s ongoing consolidation phase reflects strength rather than weakness and could serve as a foundation for the next major rally once market sentiment improves. Expanding Views: Triple-Digit Scenarios Beyond these moderate projections, other analysts have suggested far higher long-term possibilities. Nick Anderson of Bullrunners has presented an even bolder outlook, arguing that XRP’s setup mirrors Amazon’s full consolidation and breakout timeline, which spanned more than 3,800 days. Anderson observed that Amazon’s stock advanced from about $5 to over $200 after finally breaching its previous highs, and he believes XRP could follow a comparable pattern. Based on this model, he envisions a possible price range extending into triple digits, estimating a potential target of $100. Supporting Anderson’s viewpoint, Brad Kimes of Digital Perspectives highlighted parallels between the two companies’ historical challenges, Amazon’s battles with regulatory oversight in its early years, and XRP’s recently concluded legal disputes with the U.S. Securities and Exchange Commission. While such extreme price levels remain speculative, analysts agree that XRP’s technical position shows resilience. The asset continues to hold above key supports, and long-term consolidation patterns suggest the groundwork for a future rally is still intact. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Analyst: XRP Moving Like Amazon, Sets $27 Target appeared first on Times Tabloid .
