XRP‘s Current Trajectory Mirrors amazon’s 2010 Rise, Analyst Predicts Potential for Notable Gains
SEOUL, SOUTH KOREA – September 3, 2025 – Digital asset analyst Nick Anderson is drawing parallels between the current price action of XRP and Amazon‘s stock performance in 2010, suggesting the cryptocurrency could be poised for significant growth.Anderson, speaking via X (formerly Twitter), noted XRP’s recent consolidation between $2.8 and $2.9, comparing it to Amazon’s lengthy adjustment period following the dot-com bubble burst.
Amazon experienced a roughly 3800-day adjustment before a major surge, and Anderson believes XRP is exhibiting a similar “Cup and Handle” pattern – a technical analysis indicator frequently enough preceding significant price increases. While acknowledging a $100 price target in the current cycle is “a radical scenario that is hard to imagine,” he posits a realistic range of $5 to $30, with the potential for a “giga rally” fueled by factors like the US Federal Reserve’s adoption of ISO 20022 standards.
Anderson highlighted the similarity between XRP’s current $2.8 valuation and Amazon’s price point when it began its ascent. He suggests a long-term investment horizon – 10 to 15 years – could yield transformative returns for XRP holders. The analyst’s observations come as XRP navigates a period of stabilization after previous volatility, prompting renewed interest from investors seeking potential long-term gains in the digital asset space.