XRP's Price Chart Compared to Amazon's Pre-2009 Trading Pattern

Crypto Sensei, a popular cryptocurrency analyst, has made an intriguing comparison between XRP's price chart and Amazon's pre-2009 trading pattern.

According to the analysis, XRP's multi-year chart 'looks very close to identical' with the token respecting a rising support trend line while failing to clear an 8-year resistance band.

If XRP were to mirror Amazon's move, the analyst cites a potential 5,660% rally from that resistance area, implying a path from $3.50 to about $202 per coin.