Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Standard Chartered Slashes XRP Price Target by 65% Amid Market Downturn

Guavy AI Editorial Team
Instruments
BTC ETH SOL XRP
Share

Standard Chartered has cut its year-end XRP price target by 65% to $2.80 following the cryptocurrency market's downturn in February.

The bank's global head of digital assets research, Geoffrey Kendrick, also lowered forecasts for major cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).

Kendrick warned that Bitcoin could test $50,000 before recovering later this year. XRP had fallen to its weakest level since November 2024 in February, trading around 59% below its July 2025 all-time high of $3.40.

More on Crypto

Crypto just now

Sui Surpasses Aptos in Market Momentum, Outperforms Broader Crypto Market

Crypto just now

Ethereum Bridged Tokens Surpass $700 Million on Robinhood Chain

Crypto 1m ago

Paymonade Becomes One of Few Singaporean-Founded Firms to Clear MiCA's Bar

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy