Standard Chartered Slashes XRP Price Target, Signals $1.00 Downside Risk

XRP price is under heavy pressure. After a sharp correction pushed it far below its 2025 highs, the token is struggling to build a convincing bounce. It briefly rebounded from a 15-month low near $1.16, but momentum remains weak.

Now the bigger hit is coming from institutions.

Standard Chartered has cut its XRP price target by 65% as a major shift in tone. The bank’s digital assets team moved from aggressive multi dollar projections to a far more conservative outlook, reflecting broader caution across large cap crypto.

Standard Chartered slashes 2026 targets as "ETF Fatigue" sets in!

The bank’s digital asset lead, Geoffrey Kendrick, warns of a "final capitulation" phase before the recovery. Here’s the breakdown:

📉 2026 Targets Revised:
XRP: $2.80 (was $8.00)
BTC: $100K (was $150K)
ETH:… pic.twitter.com/F42KMogkFm

— 𝗕𝗮𝗻𝗸XRP (@BankXRP) February 16, 2026

DISCOVER: Best Coins To Buy In 2026

Why the Revision Matters

The scale of the downgrade is what stands out.

Geoffrey Kendrick had previously projected XRP could reach $8.00 by the end of 2026, based on regulatory clarity and strong institutional adoption. Now that the target has been cut to $2.80. That is a major reset in expectations and shifts the long term risk reward profile.

Kendrick pointed to tough recent price action and warned of further near term declines across digital assets.

(Source: SoSoValue)

The downgrade lines up with weaker data. XRP ETF assets have fallen sharply from their early January peak, showing capital is pulling back. When a major bank slashes its target while inflows are shrinking, it signals that institutional appetite is cooling.

DISCOVER: New and Upcoming Coins Listings

XRP Price Analysis: Key Support, Resistance, and Market Structure

The chart is not helping the bulls, either. After the drop to $1.16, XRP is stuck in a weak consolidation range. That $1.16 level is now the line that matters. A weekly close below it would likely break the broader structure that started forming in late 2024.

(Source: XRPUSD / TradingView)

The 50 week moving average is now acting as resistance, blocking bounce attempts. Overhead, $1.50 to $1.60 has flipped into a supply zone. What used to be support is now where sellers step in.

Structurally, it is a pattern of lower highs and lower lows. Unless XRP reclaims $1.80 with strong volume, downside pressure dominates, and deeper retracements stay on the table.

DISCOVER: New and Upcoming Binance Listings