{"id":22206,"date":"2026-02-17T07:00:21","date_gmt":"2026-02-17T07:00:21","guid":{"rendered":"https:\/\/bitunikey.com\/news\/xrp-price-prediction-as-standard-chartered-slashes-2026-target-by-65-to-2-80\/"},"modified":"2026-02-17T07:00:59","modified_gmt":"2026-02-17T07:00:59","slug":"xrp-price-prediction-as-standard-chartered-slashes-2026-target-by-65-to-2-80","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/xrp-price-prediction-as-standard-chartered-slashes-2026-target-by-65-to-2-80\/","title":{"rendered":"XRP price prediction as Standard Chartered slashes 2026 target by 65% to $2.80"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">XRP price shows mild signs of recovery even as Standard Chartered slashes its 2026 price target to $2.80, reshaping short-term expectations.<\/p>\n<div id=\"cn-block-summary-block_d0c8144bb6dca46e22cf4ff91c52d8e6\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Standard Chartered lowered its 2026 XRP price prediction from $8 to $2.80, citing macro and liquidity headwinds.<\/li>\n<li>XRP bounced from $1.23 but remains below its 20-day moving average with RSI near 42.<\/li>\n<li>A move above $1.75 improves recovery odds, while a break under $1.23 risks a drop toward $1.00.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>XRP was trading around $1.48 at press time, up 1.5% in the last 24 hours. Earlier this month, the token briefly dipped toward $1.16 during the broader crypto selloff before staging a modest recovery. <\/p>\n<p>In recent sessions, it has slightly outperformed Bitcoin and Ethereum, yet the bigger picture is still bleak. XRP (XRP) is still down roughly 30% over the past month and about 45% over the last year.<\/p>\n<p>The rebound comes as sentiment across the sector remains fragile. Nearly $2 trillion in crypto market value has evaporated since the October crash, and liquidity conditions are still tight amid extreme fear levels.<\/p>\n<h2 class=\"wp-block-heading\">Standard Chartered slashes 2026 XRP target<\/h2>\n<p>On Feb. 16, Geoffrey Kendrick, Global Head of Digital Assets Research at Standard Chartered, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/wublockchain\/status\/2023409493619642440?s=46&amp;t=nznXkss3debX8JIhNzHmzw\" target=\"_blank\" rel=\"nofollow\">cut<\/a> the bank\u2019s end-2026 XRP target by 65%, reducing it from $8 to $2.80.<\/p>\n<p>The revision reflects what Kendrick described as a \u201ccapitulation-prone\u201d environment. <\/p>\n<p>According to the bank, institutional outflows have persisted, exchange-traded fund inflows have cooled despite roughly $1.37 billion in cumulative allocations since late 2025, and high interest rates alongside geopolitical uncertainty continue to suppress risk appetite.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The bank warned of \u201cfurther declines near-term\u201d across digital assets before any recovery later in 2026. The bank kept its 2030 target at $28, suggesting that prices could fall further in the short term before a longer\u2011term recovery takes hold.<\/p>\n<h2 class=\"wp-block-heading\">XRP price prediction. How high can XRP go?<\/h2>\n<p>XRP is still in a medium-term downward trend. The daily chart clearly shows a pattern of lower highs and lower lows. The price is currently trading at about $1.47, which is slightly below the $1.49 20-day moving average. Meanwhile, the lower Bollinger Band is around $1.23, and the upper band is close to $1.76.<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">XRP daily chart. Credit: crypto.news<\/figcaption><\/figure>\n<p>The recent rebound originated at the $1.23 level, where the lower Bollinger Band coincided with a sharp wick rejection. Although this provides some temporary respite, it does not yet indicate a definitive reversal. The 20-day moving average\u2019s continued downward slope suggests that the bearish pressure has not completely subsided.<\/p>\n<p>Momentum appears to be stabilizing, though it has not turned bullish. The relative strength index bounced from near-oversold levels around 30 and sits near 42. Remaining below 50, it suggests that sellers still hold a modest advantage. A clear move above 50 would strengthen the case for a mid-term recovery.<\/p>\n<p>Key support can be found at $1.23, with additional psychological backing near $1.20. A loss of that region exposes $1.00\u2013$1.05, and potentially $0.90 if broader market weakness resumes.<\/p>\n<p>On the upside, $1.50 is the first hurdle, aligning with the 20-day moving average. A clean break could open a move toward $1.75\u2013$1.80, followed by $2.00\u2013$2.20, where prior consolidation created structural resistance. <\/p>\n<p>The major supply zone between $2.40 and $2.60 is a level that would invalidate the current downtrend if reclaimed. If $1.30\u2013$1.23 holds, a relief rally toward $1.75\u2013$2.00 looks likely in the near future. However, XRP would probably return to the $1.00 range if it broke below $1.23.\u00a0<\/p>\n<p>In the long run, targets at $3.00 and even $3.40 become technically feasible if XRP recovers $1.75, breaks $2.20, and reaches higher highs above $2.60. Until then, rallies are likely to be treated as corrective within a broader downtrend.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>XRP price shows mild signs of recovery even as Standard Chartered slashes its 2026 price target to $2.80, reshaping short-term expectations. Summary Standard Chartered lowered its 2026 XRP price prediction&hellip;<\/p>\n","protected":false},"author":1,"featured_media":5268,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-22206","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/22206","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=22206"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/22206\/revisions"}],"predecessor-version":[{"id":22207,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/22206\/revisions\/22207"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/5268"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=22206"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=22206"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=22206"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}