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XRP Targets Set at $9.3, $16, and $26 Based on Standard Deviation, Says Analyst

Author: Content Editor
According to a recent analysis using Linear Regression, XRP has significant price growth potential. The analysis suggests that XRP's price could range from $5 to $27, depending on market conditions. Currently, XRP is trading near the lower end of the standard deviation band, indicating it is oversold and could experience a price correction. In the short term, the mean reversion target for XRP is around $1.85, which would represent a significant price increase. The upper band of the regression channel is around $5.76, and if XRP breaks above this level, it could lead to much higher price levels. For longer-term projections, the analyst suggests XRP could reach $2.4 in the coming months and $3 within a year. Additionally, there is potential for XRP to overshoot the upper standard deviation level, with one projection model suggesting a price of $16 in the case of a 180% overshoot. Another model predicts a more conservative price surge to $12 immediately, $26 in six months, and $20 within a year.

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