Analyst Forecasts Amazon-Like XRP Rally to $200
Crypto analyst Nick Anderson (BULLRUNNERS) compares XRP’s $2.75–$2.90 consolidation to Amazon’s decade-long base and presents an XRP price forecast based on a cup-and-handle pattern. He predicts a first-phase move to $5–$30 in the current bull cycle, a subsequent correction, and a long-term XRP rally targeting $100–$200 by 2030. Anderson also notes that U.S. Federal Reserve ISO 20022 adoption could inject liquidity and spark a ‘giga rally.’ At around $2.81 and a $169 billion market cap, holding 10,000 XRP could yield $1 million at $100. Traders can consider the XRP price forecast for accumulation on dips and watch resistance levels ahead of a potential breakout.
Bullish
By drawing parallels with Amazon’s prolonged consolidation and highlighting a defined cup-and-handle setup, the analysis points to structured price appreciation phases for XRP. The near-term target of $5–$30 in this bull cycle and the long-term objective of $100–$200 suggest sustained upward momentum. The added catalyst of possible ISO 20022 adoption by the U.S. Federal Reserve further supports bullish expectations, as new liquidity could accelerate buying pressure. In the short term, traders may see rallies toward initial resistance zones before corrections, creating buying opportunities on dips. Over the longer term, overcoming key resistance could fuel a major rally, reinforcing a bullish outlook for XRP.