Standard Chartered Recent XRP Predictions Align With Fibonacci Targets of $8, $13, and $27

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.

New Targets Align with Key Fibonacci Levels

Interestingly, while Standard Chartered lowered its 2026 and 2027 targets, the bank actually increased its longer-term targets. Specifically, they hiked their 2028 target from $12.5 to $12.6, increased the 2029 target from $12.25 to $19.6, and then set the 2030 target at $28.

Chart Nerd stressed that these targets align with Fibonacci extension levels he identified in previous analyses. Notably, the market watcher shared that during the November 2024 rally, XRP broke above a symmetrical triangle on the monthly chart that had capped its upside potential since January 2018.

This breakout kept XRP above the triangle throughout 2025, but the current downtrend, which began in Q4 2025, has now pushed prices back to retest the upper trendline. Such a retest is natural after a breakout, and often tests the strength of the breakout.

Chart Nerd expects XRP to soar from the current price region once it completes the retest of the breakout, identifying multiple Fib. targets for this uptrend. The first target sits at Fib. 127.2% ($8.47), aligning with Standard Chartered’s $7 target for 2027, while the second level rests at Fib. 141.40% ($13.7), aligning with the bank’s $12.6 target for 2028. The ultimate price target is $27 at Fib. 161.8%.