Technical analysis of XRP’s current price action has presented an interesting 
structural comparison to Amazon that could lead to an upside cycle stretch for 
the cryptocurrency. The comparison focuses on structure and symmetry between 
XRP&#8217;s current price action and how Amazon&#8217;s stock price played out after it 
broke a resistance. The implications for price would be dramatic if XRP were 
to follow what Amazon did after breaking a similar long-term resistance. The 
8-Year Resistance Neckline Holding XRP Back Technical analysis of XRP’s chart 
shows a clearly defined horizontal resistance band stretching back roughly 
eight years. This 8-year resistance band is drawn across XRP&#8217;s all-time high 
since 2018. This analysis was posted on the social media platform X by crypto 
analyst ChartNerd. Related Reading: XRP Is About To Create History With This 
Latest Move The most recent touch of the resistance band was in July 2025, 
when XRP reached a new peak price of $3.65. However, price action since then 
has been corrective in nature, and XRP has been on a downward path for the 
past seven months. Interestingly, this downward path has led to the formation 
of a higher low compared to lows in the past eight years. This is visible in 
the XRP weekly price chart below as a series of higher lows supported by an 
ascending green trendline. The next outlook is how the XRP price resolves from 
here. As it stands, the decline is yet to find a defined bottom, and there is 
still enough room for the formation of another higher low relative to prior 
cycle lows. In this context, crypto analyst ChartNerd outlined a possible 
resolution path, pointing to a comparable technical setup that developed over 
10.5 years on Amazon’s stock chart before its eventual breakout. The Amazon 
Structural Comparison Amazon spent years trading below a major horizontal 
resistance zone that capped its upside for more than a decade. During that 
period, price repeatedly formed higher lows along a rising support trendline, 
compressing into the ceiling without immediately breaking it. Related Reading: 
XRP’s Macro Plan Hasn’t Changed, And This Target Remains Valid There was also 
a notable drawdown from its prior peak, followed by a lower high, which 
created the impression that momentum had faded. However, once Amazon broke 
above its long-term resistance, the result was a sustained parabolic advance 
that carried price significantly higher over time. These all mirror how the 
XRP price is currently playing out. ChartNerd describes the structural 
similarities as strikingly uncanny. From a purely technical standpoint, both 
charts show compression beneath a horizontal ceiling, rising higher lows, and 
repeated rejection just before a breakout attempt. At the time of writing, XRP 
is trading around $1.35 on the monthly chart, down by 3.3% in the past 24 
hours. The neckline area is around $3.60, which is about 170% higher than the 
current price. If XRP were to follow the Amazon blueprint, the first stage 
would involve flipping this resistance trendline into support with sustained 
monthly closes above. Featured image from Free3D, chart from Tradingview.com

What Happens To The XRP Price If It Follows The Amazon Trend And Begins Parabola

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The post Anthony Pompliano&#8217;s ProCap buys 450 Bitcoin, boosting holdings to 
5,457 BTC appeared first on Crypto Briefing.

Anthony Pompliano’s ProCap buys 450 Bitcoin, boosting holdings to 5,457 BTC

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