Jump to content
Create New...

What Happens To The XRP Price If It Follows The Amazon Trend And Begins Parabola

ExpertFX Podcast - No time to read? Let me read it for you. Press Play!

Technical analysis of XRP’s current price action has presented an interesting structural comparison to Amazon that could lead to an upside cycle stretch for the cryptocurrency. 

The comparison focuses on structure and symmetry between XRP’s current price action and how Amazon’s stock price played out after it broke a resistance. The implications for price would be dramatic if XRP were to follow what Amazon did after breaking a similar long-term resistance.

The 8-Year Resistance Neckline Holding XRP Back

Technical analysis of XRP’s chart shows a clearly defined horizontal resistance band stretching back roughly eight years. This 8-year resistance band is drawn across XRP’s all-time high since 2018. This analysis was posted on the social media platform X by crypto analyst ChartNerd. 

The most recent touch of the resistance band was in July 2025, when XRP reached a new peak price of $3.65. However, price action since then has been corrective in nature, and XRP has been on a downward path for the past seven months. Interestingly, this downward path has led to the formation of a higher low compared to lows in the past eight years. This is visible in the XRP weekly price chart below as a series of higher lows supported by an ascending green trendline.

XRP

The next outlook is how the XRP price resolves from here. As it stands, the decline is yet to find a defined bottom, and there is still enough room for the formation of another higher low relative to prior cycle lows. In this context, crypto analyst ChartNerd outlined a possible resolution path, pointing to a comparable technical setup that developed over 10.5 years on Amazon’s stock chart before its eventual breakout.

The Amazon Structural Comparison

Amazon spent years trading below a major horizontal resistance zone that capped its upside for more than a decade. During that period, price repeatedly formed higher lows along a rising support trendline, compressing into the ceiling without immediately breaking it.

There was also a notable drawdown from its prior peak, followed by a lower high, which created the impression that momentum had faded. However, once Amazon broke above its long-term resistance, the result was a sustained parabolic advance that carried price significantly higher over time. 

These all mirror how the XRP price is currently playing out. ChartNerd describes the structural similarities as strikingly uncanny. From a purely technical standpoint, both charts show compression beneath a horizontal ceiling, rising higher lows, and repeated rejection just before a breakout attempt.

At the time of writing, XRP is trading around $1.35 on the monthly chart, down by 3.3% in the past 24 hours. The neckline area is around $3.60, which is about 170% higher than the current price. If XRP were to follow the Amazon blueprint, the first stage would involve flipping this resistance trendline into support with sustained monthly closes above.

XRP
Latest comments

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Terminal Visitor
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

TRADING HUB
● MARKET OPEN
Loading...
RETAILS SENTIMENT
INVERSE
  • Loading...


×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use of Use and Privacy Policy

Search In
  • More options...
Find results that contain...
Find results in...

Write what you are looking for and press enter or click the search icon to begin your search

Live Global Sessions
Real-time NYSE Data Feed
Enjoying ExpertFX? 📈
Your review helps our community grow. Rate the app in seconds.