In a recent episode of his Bullrunners show, popular cryptocurrency analyst Nick Anderson elaborated on a striking comparison between the price trajectory of XRP and that of Amazon (AMZN) leading up to its significant market rally. His insights have sparked interest among crypto enthusiasts and investors alike.
Anderson highlighted that since the year 2000, Amazon’s stock traded sideways for an astonishing 3,800 days—over a decade—before finally breaking out of this stagnation in 2010 with a remarkable cup-and-handle pattern. This breakout was followed by a consolidation phase that propelled AMZN from $5 to a breathtaking $200, marking a staggering 3,900% increase over a 15-year period from 2010 to 2025.
Drawing parallels with XRP’s price behavior, Anderson argued that the third-largest cryptocurrency is currently navigating a similar phase of consolidation. He explained that XRP appears to be using its previous high as a support level, much like how Amazon did prior to its explosive rally. At the time of his analysis, XRP was trading around $2.75, not far from the critical $5 threshold where Amazon began its ascent.
Anderson speculated that if XRP continues to mirror Amazon’s historical performance, it could reach levels between $100 and $200 in the long term. However, he highlighted that such a milestone would likely take years to achieve. Of particular interest to him is the demographic of long-term holders, especially younger investors in their 30s, who could see considerable wealth accumulation if XRP meets the minimum target of $100. He suggested that by the time XRP reaches $100, these investors could be between 45 to 50 years old, transforming a holding of 10,000 XRP into a $1 million asset.
In the short term, Anderson remains optimistic, projecting that XRP could appreciate to between $5 and $30 during the current market cycle. He cautioned, however, that after this period of growth, a significant market correction might occur, which could serve as a catalyst for widespread adoption in the future.
Looking further ahead, he expressed confidence that by 2030 and beyond, XRP’s price could experience substantial appreciation, potentially achieving the ambitious $100 to $200 target. He noted that this ascent could occur more quickly than anticipated if XRP experiences a surge in liquidity, reminiscent of the conditions leading up to its previous growth cycle in 2017.
Interestingly, predictions of XRP reaching the $100 price point are not unique to Anderson, as other community commentators like Linda Jonas and Moonshilla have also voiced similar expectations regarding the cryptocurrency’s future price movements.
As XRP trades around $2.83—up 0.94% in the last 24 hours and having overtaken USDT to reclaim its position as the third-largest cryptocurrency—investors remain keenly attuned to both its price movements and the broader implications for the crypto market. To achieve the projected $100-$200 targets, XRP would need to experience a rise of 3,433% to 6,967%, underscoring the ambitious nature of these forecasts.
As the crypto landscape continues to evolve, these insights serve as a reminder of the potential for significant price transformations in the digital asset space.
