Standard Chartered Cuts XRP 2026 Target to $2.80, Down 65% From $8

On 16 February 2026, Standard Chartered lowered its year-end 2026 XRP price target to $2.80, a 65% cut from its previous $8 view, citing a tougher macro environment. XRP recently touched $1.66 before dropping roughly 16% to the $1.48–$1.50 area, with short‑term levels near $1.40 support and $1.60 resistance. The bank also trimmed its 2026 Bitcoin forecast to $100,000.