XRP Poised For Amazon-Like Boom? Analyst Predicts $200 Rally

A fresh round of bold predictions has surfaced in the XRP community after crypto analyst Nick Anderson compared the token’s trajectory to Amazon’s historic breakout more than a decade ago. Related Reading: Dogecoin Gets Its 1st Foundation-Backed Treasury Worth $175 Million According to Anderson, the current phase for XRP looks similar to Amazon’s long consolidation period before its massive rally. Amazon’s Long Wait Before Its Breakout Anderson recalled how Amazon shares traded sideways for about 3,800 days after the dot-com crash, stretching from the year 2000 until 2010. During that time, the stock slowly built a base, eventually forming what analysts call a cup-and-handle pattern. When the breakout came, Amazon moved from around $5 to $200, marking a gain of 3,900% over 15 years. He argued that XRP might be in the same situation today. The cryptocurrency has traded around $2.75 recently, which he described as being not far from the level—$5—where Amazon’s explosive run began. Based on his chart analysis, Anderson claimed XRP could eventually climb to anywhere between $100 and $200, though such a move would take years to unfold.

Sep 5, 2025 - 03:10

XRP Poised For Amazon-Like Boom? Analyst Predicts $200 Rally

A fresh round of bold predictions has surfaced in the XRP community after crypto analyst Nick Anderson compared the token’s trajectory to Amazon’s historic breakout more than a decade ago.

According to Anderson, the current phase for XRP looks similar to Amazon’s long consolidation period before its massive rally.

Amazon’s Long Wait Before Its Breakout

Anderson recalled how Amazon shares traded sideways for about 3,800 days after the dot-com crash, stretching from the year 2000 until 2010.

During that time, the stock slowly built a base, eventually forming what analysts call a cup-and-handle pattern. When the breakout came, Amazon moved from around $5 to $200, marking a gain of 3,900% over 15 years.

He argued that XRP might be in the same situation today. The cryptocurrency has traded around $2.75 recently, which he described as being not far from the level—$5—where Amazon’s explosive run began.

Based on his chart analysis, Anderson claimed XRP could eventually climb to anywhere between $100 and $200, though such a move would take years to unfold.