XRP Compared to Amazon’s Pre-Boom Days, Analyst Predicts $100–$200 Surge

Popular crypto analyst Nick Anderson believes XRP current trajectory resembles Amazon’s (AMZN) performance just before its explosive ￰0￱ shared this view in a recent episode of his Bullrunners show. Notably, he compared XRP’s recent price action to Amazon’s stock ￰1￱ emphasized that AMZN traded sideways for about 3,800 days—more than 10 years—starting from the year ￰2￱ pointed out that Amazon’s stock finally broke out in a massive cup-and-handle pattern in ￰3￱ the breakout, AMZN entered a consolidation phase before skyrocketing from $5 to $200—a staggering 3,900% ￰4￱ noted this explosive run unfolded over 15 years, from 2010 to ￰5￱ to Hit $100 - $200Interestingly, he suggested that XRP has mirrored AMZN’s performance over the years and that the third-biggest token is currently in a similar consolidation ￰6￱ AMZN did before its massive rally, Anderson claims XRP is using its previous high as ￰7￱ XRP trading around $2.75 at the time of the analysis, he emphasized that the token is not far from the point — $5 — where AMZN began its ￰8￱ XRP continues to mirror Amazon’s performance, Anderson speculated that the token could theoretically reach $100-$200, just like Amazon.

However, he noted that it would take years for XRP to achieve this milestone. Notably, the analyst believes many long-term holders, particularly those within the age of 30, could become wealthy if XRP climbs to a minimum target of $100. He assumes that by the time XRP reaches $100, these young investors will have turned 45 to 50 years ￰9￱ estimates that if XRP reaches $100, a holding of 10,000 tokens would be valued at $1 ￰10￱ Short-Term Target While expecting the forecast to take several years to materialize, Anderson predicted that XRP could soar to around $5 to $30 in the current ￰11￱ this cycle’s rally, Anderson anticipates a major crash, which would eventually pave the way for “true adoption.” By 2030 and beyond, he expects to see strong price appreciation that will ultimately propel XRP’s price to the $100-$200 ￰12￱ to him, XRP could attain the ambitious $100-$200 target faster than expected, especially if it sees massive liquidity – similar to what happened before the 2017 surge.

Meanwhile, the $100 price target is not new to ￰13￱ reported earlier, community commentators such as Linda Jonas and Moonshilla have predicted XRP’s spike to a lofty ￰14￱ the meantime, the price of XRP is up 0.94% over the past 24 hours as it trades at $2.83. It has once again overtaken USDT and now ranks as the third-biggest cryptocurrency ￰15￱ reach the $100-$200 target, XRP must soar by 3,433% and 6,967%.