XRP Price Prediction as Standard Chartered Slashes Target 65% to $2.80
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Standard Chartered has reduced its year-end target for XRP by approximately 65%, bringing it down to $2.80 from an earlier projection of $8. The decision follows a broader slump in the cryptocurrency market, marking one of the worst downturns in almost four years. Analysts at Standard Chartered cited persistent weakness across digital assets as the primary reason for the cut in their price forecast. XRP’s price has faced significant challenges, recently falling to $1.16, its lowest point since late 2024 before attempting a partial recovery. The drop in value prompted the bank to revise its expectations for XRP and other major cryptocurrencies. Geoffrey Kendrick, the global head of digital assets research at Standard Chartered, highlighted the continuing price challenges and warned of further declines in the short term. This downward revision reflects the broader struggle in the cryptocurrency market, where Bitcoin and Ethereum have also seen price reductions. Standard Chartered has similarly adjusted its price targets for Bitcoin and Ethereum, reducing Bitcoin’s target from $150,000 to $100,000 and Ethereum’s from $7,000 to $4,000. Solana also saw a reduction in its year-end price target, from $250 to $135. XRP ETF Flows and Institutional Interest While XRP’s price has struggled, recent fund flow data suggests that there is still interest from institutional investors in the cryptocurrency. According to CoinShares’ weekly report, XRP saw inflows of $33.4 million in the last week, although this was down from the previous week’s $63.1 million. This indicates that while overall interest in XRP remains, the momentum has slowed down in recent weeks. Source: X The bank’s decision to slash its XRP price forecast coincides with a notable pullback in assets linked to XRP in exchange-traded funds (ETFs). The total assets in XRP-related ETFs fell by approximately 40% from $1.6 billion to around $1 billion between January…
Filed under: News - @ February 16, 2026 9:26 pm