One Final XRP Retest Before It Reprices as Amazon Did From 2009

Analysts expect one final XRP price retest before it will mirror the massive expansion recorded by the Amazon stock in its early days.

XRP has once again entered a critical zone, and some market observers now believe its long-term chart structure closely resembles Amazon’s (AMZN) setup before the stock entered a major repricing phase.

The comparison focuses on the close similarities between the current XRP price trend and Amazon in 2009, and how this would impact XRP if it fully followed the trajectory of the tech company’s stock.

Key Points

• XRP’s long-term chart structure closely resembles AMZN’s setup before it entered a major repricing phase.
• XRP has spent years respecting a rising support trendline while repeatedly struggling to break through a major resistance ceiling.
• Amazon showed a nearly identical structure between 1998 and 2009 before eventually breaking above the decade-long resistance level.
• XRP could experience one final retest of support before a larger breakout attempt develops in 2026.
• If XRP mirrors the exact scale of growth and rallies 5,660% from the 8-year resistance near $3.50, the asset will reach $202 per coin.

XRP vs. Amazon Chart Highlights Similarities

According to market analyst Chart Nerd, XRP has spent years respecting a rising support trendline while repeatedly struggling to break through a major resistance ceiling. This structure began forming from the 2018 peak near $3.50, with the asset consistently making higher lows, but it has not sustainably broken above an 8-year horizontal supply trendline.

Amazon showed a nearly identical structure between 1998 and 2009 before eventually breaking above the decade-long resistance level. AMZN made similar higher lows but failed to breach the resistance near $4.70 before eventually doing so in October 2009. What followed was a powerful move higher.

XRP Holds Long-Term Higher-Low Support

The analysis points to the ascending trendline as the most important part of the setup. Every major correction on XRP’s higher timeframe has respected this support line, creating a pattern of higher lows over several market cycles.

Amazon displayed the same behavior before its breakout, and XRP now appears to be following a similar path. The chart shows the asset consolidating near resistance while still holding above the rising support trendline. Chart Nerd believes XRP could experience one final retest of support before a larger breakout attempt develops in 2026.

Meanwhile, the analysis builds on a prediction from Austin that XRP will move like Amazon over the next 10 years. The outlook also highlighted the similarity between XRP’s 2018 to 2026 price action and the development in AMZN’s 1998 to 2009 price.

What This Means for XRP Price

Interestingly, AMZN opened at $4.67 in October 2009 and finally broke above the 10.5-year resistance near $4.70, reaching $6.28 before closing at $5.94. In subsequent months and years, the stock has continued to expand parabolically, reaching its current price of $269.

From the October 2009 opening price of $4.67 to today’s price of $269, Amazon has grown a staggering 5,660% over 17 years. It currently has a market cap of $2.893 trillion, making it the seventh-largest asset by market cap.

If XRP mirrors the exact scale of growth and rallies 5,660% from the 8-year resistance near $3.50, the asset will reach $202 per coin. The magnitude of such an uptick is still very appealing at its current price of $1.45, as it culminates in a price of $84.

Notably, the comparison does not suggest XRP will mirror Amazon’s exact price action. Instead, analysts focus on the structural similarities between the two charts. Historically, these formations tend to appear before major repricing events

For XRP, the long-term structure still remains bullish as long as the ascending support trendline holds. Currently, this level stands just below the $1 mark.