 
 
Analyst ChartNerd has compared XRP’s multi-year consolidation to Amazon’s early stock behavior and placed a target of $27 on the crypto.
He argues that XRP’s price structure since its 2018 peak mirrors Amazon’s decade-long sideways trading from 1999 to 2009.
ChartNerd noted that long consolidation phases often precede powerful market moves. He pointed out that Amazon’s years of stagnant trading eventually gave way to one of the most remarkable growth stories in modern finance.
In his view, XRP could be setting up for a similar trajectory if it maintains its current structure and investor confidence returns.
He added that the market tends to reward assets that demonstrate resilience through extended periods of uncertainty.
 
According to him, XRP’s ability to hold its range despite regulatory headwinds and shifting sentiment signals underlying strength rather than exhaustion.
Why $27 XRP Projection Makes Sense
The analyst stressed that the $27 target is not guesswork. He noted that it stems from patterns seen many times before in market history.
According to him, price cycles tend to repeat when the same technical signals appear. He pointed out that Amazon’s explosive breakout years ago came only after a long stretch of calm trading and steady accumulation — a setup he believes XRP is now mirroring.
At around $2.80, XRP would need to rise nearly tenfold to reach $27. ChartNerd said such a jump, while bold, fits the historical pattern of how major cryptocurrencies behave once they break through long-term resistance levels.
He isn’t alone in that outlook. Market analyst EGRAG recently restated a similar forecast, also calling for a $27 target.
Using long-term Fibonacci extensions and linear regression models, EGRAG suggested that XRP could hit that level before the year’s end if bullish momentum returns.
Both analysts agreed that XRP’s current sideways movement is not a sign of weakness. Instead, they see it as a healthy consolidation phase — the kind of quiet buildup that often precedes a major rally once confidence comes back to the market.