XRP Price Prediction in Jeopardy as Token Hits 52-Week Low
XRP has reached its lowest price in a year, trading near $1.02 on August 14 and briefly dipping below $1 to a 52-week low of $0.9923.
This decline marks a significant drop from the token's peak of $3.50 in 2025, with XRP now sitting roughly 69% below that level.
The question on everyone's mind is whether the $3 price prediction for 2026 is still viable, given the current bearish market conditions and stagnant institutional flows.
Institutional investors were expected to drive growth in XRP, but the launch of spot XRP ETFs in November 2025 has stalled, with total net inflows now at around $776 million, down from a peak of $1.26 billion.
Despite this setback, Standard Chartered's Geoffrey Kendrick remains optimistic about XRP's long-term prospects, predicting prices of $7 in 2027, $12.60 in 2028, and $19.60 in 2029 before reaching $28 by 2030.