Standard Chartered Lowers XRP Price Target to $2.80

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Feb 17 2026

Should l Buy XRP?

Price Target Cut: Standard Chartered has slashed its XRP price target for 2026 from $8 to $2.80, reflecting a pessimistic outlook that may further weaken investor confidence in the short term.
Weak Market Performance: Although XRP has risen 1.5% in the last 24 hours, it remains down approximately 30% over the past month, indicating fragile overall market sentiment that could impact short-term investment decisions.
Tight Liquidity Conditions: Nearly $2 trillion in crypto market value has evaporated since October, with liquidity conditions remaining tight as high interest rates and geopolitical uncertainties suppress investor risk appetite, exacerbating market uncertainty.
Technical Analysis Signals: XRP is currently trading around $1.47, slightly below the 20-day moving average of $1.49, indicating a medium-term downward trend; if it breaks below the support level of $1.23, it could lead to further declines towards the $1.00 range.

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Technical Analysis for XRP

Technical Sentiment Analysis for XRP (XRP). As of , XRP (XRP) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for XRP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, XRP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

XRP (XRP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	1.133	1.206	1.269	1.343	1.405	1.479	1.542
Fibonacci	1.206	1.259	1.291	1.343	1.395	1.427	1.479

About XRP

Launched in 2012, the XRP Ledger (XRPL) is an open-source, permissionless and decentralized technology. Benefits of the XRP Ledger include its low-cost ($0.0002 to transact), speed (settling transactions in 3-5 seconds), scalability (1,500 transactions per second) and inherently green attributes (carbon-neutral and energy-efficient). The XRP Ledger also features the first decentralized exchange (DEX) and custom tokenization capabilities built into the protocol. Since 2012, the XRP Ledger has been operating reliably, having closed 70 million ledgers.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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