Data indicates that Standard Chartered’s latest XRP price predictions align with key Fibonacci extension targets all the way to $27.
XRP may be witnessing steep declines, down nearly 60% from its July 2025 all-time high of $3.6, but the broader market has maintained around its long-term potential despite lowered short-term targets.
Notably, global bank Standard Chartered recently reviewed its long-term XRP targets, lowering the 2026 target to $2.8 but increasing the targets tied to 2028 and beyond. Interestingly, data shows the new targets align with key Fibonacci extension levels.
Key Points XRP has not escaped the broader market bloodbath that began in Q4 2025, currently down nearly 60% from its July 2025 all-time high. Despite the consistent downtrend, optimism around XRP’s long-term value proposition remains high. Global bank Standard Chartered recently lowered its short-term XRP targets amid the turbulence, but increased its long-term targets tied to 2028 and beyond. Interestingly, market data indicates that the recent targets align with key Fibonacci extension levels all the way to $27. Standard Chartered’s Reviewed XRP Targets Market watcher Chart Nerd spotlighted these targets as he discussed XRP’s long-term prospects following Standard Chartered’s latest review. For context, Standard Chartered recently reduced its XRP price target for 2026 amid the ongoing turbulence that has pushed the token below $2 for nearly two months.
In its earlier projection, Standard Chartered suggested that XRP could soar to a price of $8 in 2026 and then reach $10.4 by next year. Notably, this was a revision of its previous prediction, and at the time of this revision, XRP held strong above $2 despite mounting selling pressure.
Now, the multinational bank has reduced its 2026 target to just $2.8, even lower than XRP’s $3.6 all-time high in July 2025. At the current price of $1.48, XRP would only need to rise 89% to claim the $2.8 target. Meanwhile, Standard Chartered cut its 2027 target from $10.4 to $7, representing a 372% rise from the current price.$XRP