Technical analysis of XRP’s current price action has provided an interesting structural comparison with Amazon, which could lead to one round up for cryptocurrency.
The comparison focuses on the structure and symmetry between XRP’s current price action and how Amazon’s stock price will look after breaking the resistance. Price effect will be dramatic if XRP followed what Amazon did after breaking a similar long-term resistance.
An 8-year resistance necklace is holding XRP back
Technical analysis of the XRP chart shows that the well-defined horizontal resistance band is about eight years long. This 8-year resistance band has been drawn at XRP’s highest level since 2018. This analysis was published in social media platform X by crypto analyst ChartNerd.
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The last moment of the resistance group was in July 2025, when XRP reached a new peak of $3.65. However, price action since then has been corrective in nature and XRP has been on a downward trajectory for the past seven months. Interestingly, this downward trend has led to the formation of lower levels compared to the lowest levels of the past eight years. This is visible in the weekly XRP price chart below as a series of lows supported by the green uptrend line.
The future perspective is how the price of XRP will settle from here. As it turns out, the recession has yet to find a definite bottom and there is plenty of room for it forming another higher low compared to previous period lows. In this context, crypto analyst ChartNerd showed a possible solution, pointing to a comparable technical setup that developed for 10.5 years on the Amazon stock chart before it broke.
Amazon Structure Comparison
Amazon He traded for years a major horizontal resistance zone that has held its top for over a decade. During this period, the price made several higher lows along the rising support line and squeezed to the ceiling without breaking it.
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There was also a significant decline from its previous high, followed by a lower high, giving the impression that the momentum has weakened. However, when Amazon broke through its long-term resistance, the result was a steady parabolic advance that drove the price significantly higher over time.
This all reflects how the XRP price is playing out right now. ChartNerd describes the structure The similarity is remarkably unusual. From a purely technical point of view, both charts show compression below the horizontal ceiling, rising lows, and repeated rejections just before a breakout attempt.
At the time of writing, XRP is trading around $1.35 on the monthly chart, down 3.3% in the last 24 hours. The neckline is around $3.60, which is about 170% higher than the current price. If XRP followed Amazon’s plan, the first phase includes the return of this resistance line to support with stable monthly closing above.
Featured image from Free3D, chart from Tradingview.com
