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XRP Holds Long-Term Support as Analysts Compare Setup With AMZN

XRP Holds Long-Term Support as Analysts Compare Setup With AMZN

CoinEditionCoinEdition2026/05/12 18:42
By:CoinEdition

XRP has drawn fresh attention after ChartNerd compared its long-term chart with Amazon’s structure before the stock’s major repricing phase. The analysis focuses on rising higher lows, repeated resistance tests, and a possible final retest before a larger breakout attempt.

The comparison does not claim XRP will copy Amazon’s exact move. Instead, analysts are watching whether XRP can keep its multi-year support trendline intact while preparing for another challenge of the long-standing resistance area near its previous cycle peak.

ChartNerd said XRP has followed a multi-year higher-low trendline, similar to the structure Amazon respected before its 2009 breakout. The chart places XRP below an 8-year resistance line that formed after its earlier peak near the $3.50 area.

The setup shows XRP pressing toward a long-term ceiling while still holding a rising support line. That pattern has appeared across several large corrections, with each deeper pullback forming a higher low rather than breaking the broader base.

Notably, Amazon showed a similar structure between 1998 and 2009. Its chart held a rising support trendline while the price struggled to clear a horizontal resistance zone for more than a decade.

Amazon later broke above that resistance and entered a long expansion phase. ChartNerd’s comparison places XRP at the stage before that kind of technical switch, with one final support retest still possible.

The main level in the XRP setup is the rising support trendline. Analysts said every major higher-timeframe correction has respected that line, making it the key area for the broader structure.

ChartNerd said one final XRP retest would complete a similar switch in 2026. That means XRP may still revisit support before attempting a stronger breakout above the long-term resistance area.

The comparison also points to XRP’s repeated failure to hold above its major ceiling. Price has approached the region several times, yet sellers have kept the asset below the previous peak area.

However, the trendline remains important. If XRP keeps forming higher lows, the long-term setup stays constructive. A break below that support would weaken the Amazon-style comparison and shift attention back to deeper downside levels.

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The analysis also reviewed what an Amazon-like repricing would mean for XRP. Amazon opened near $4.67 in October 2009 and later rose to about $269, marking a 5,660% increase over a long period.

If XRP gained 5,660% from the 8-year resistance near $3.50, the calculation points to about $202 per coin. From a price near $1.45, the same percentage move would imply a much lower starting-base target near $84.

Even so, those figures remain technical projections, not confirmed forecasts. The main point is the chart structure, not a guarantee that XRP will follow Amazon’s scale or timeline.

For now, XRP traders are watching two areas. The first is the rising trendline below the current market. The second is the resistance zone near the old cycle high, where a confirmed breakout would change the long-term chart.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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