XRP Price Target Cut by 65%: Standard Chartered Revises XRP to $2.80

The latest news from the crypto world is quite surprising. The 2026 XRP/USDT price target, previously projected to reach $8, has now been sharply cut to $2.80 by Standard Chartered.

That revision immediately sparked discussion among investors, especially those tracking XRP price movements and long-term XRP price predictions. Amid a crypto market crash and global market pressure, this decision has become an important signal for reading the direction of 2026 crypto analysis.

So, what actually happened? And how will it impact XRP’s price today as well as Ripple XRP’s outlook going forward?

Key Takeaways

• Standard Chartered cut its 2026 XRP price target by 65% to $2.80.
• Market pressure and a crypto market crash were the main reasons behind the revised projection.
• Despite the drop, long-term XRP price predictions still see recovery potential.

Why Was the XRP Price Target Cut?

This major revision came from Geoffrey Kendrick, Standard Chartered’s digital assets analyst. In his latest report, he stated that broad pressure across the crypto market forced an adjustment to the outlook.

When the market experiences a crypto market crash and liquidity declines, assets like Ripple XRP are affected as well.

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Factors Influencing the Revised XRP Price Target

Some key factors that triggered the cut to the 2026 XRP price target include:

• Declining institutional interest in crypto assets
• Capital outflows from crypto ETF products
• Global macroeconomic uncertainty
• A sharp correction after the previous rally

From a technical perspective, XRP’s price today appears to be moving in a consolidation phase after heavy selling pressure. In the latest XRP analysis, support and resistance levels remain the main focus for short-term traders.

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What Is the XRP Price Prediction for 2026?

Even though the XRP price target has been cut to $2.80, it doesn’t mean Ripple XRP’s outlook is entirely bleak. In 2026 crypto analysis, several scenarios still leave room for a rebound, especially if:

• Crypto regulations become clearer
• Institutional adoption increases again
• Blockchain-based payment infrastructure continues to develop

XRP price predictions still depend heavily on global market sentiment. If conditions improve, the XRP price target could be revised again. For now, however, a conservative approach is the choice of many analysts.

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Impact on XRP’s Price Today

XRP’s price today is still moving in line with broader market dynamics. Retail investors tend to be more cautious after this target-revision news emerged. Still, volatility can also create opportunities for active traders.

In the context of the latest XRP news, it’s important to distinguish between short-term sentiment and long-term fundamentals. A revised target does not mean the Ripple XRP project has lost its utility—it’s more about adjusting expectations amid current market conditions.

Conclusion

The revision of the 2026 XRP price target from $8 to $2.80 by Standard Chartered shows that the crypto market is still full of challenges. However, opportunities remain for investors who understand the risks and read XRP analysis wisely.

If you want to take advantage of XRP’s price movements today, you can start trading on a trusted platform such as Bittime Exchange. For the latest crypto news updates and in-depth analysis, don’t forget to visit Bittime Blog. Stay updated, stay rational, and always manage risk properly.

FAQ

What is the 2026 XRP price target?

The 2026 XRP price target is a projection of XRP’s value at the end of 2026 based on fundamental analysis and market conditions.

Why did Standard Chartered cut the XRP price target?

Due to crypto market crash pressure and global macroeconomic conditions that are not yet stable.

Is XRP’s price today affected by this revision?

Yes, market sentiment can influence short-term price movements.

Can the XRP price prediction still change?

Yes. If market conditions improve, the price target can be revised again.

Is Ripple XRP still worth watching?

Yes, especially for investors focused on long-term potential and regulatory developments.

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