The British financial giant Standard Chartered sharply reduced its price outlook for XRP, the fourth-largest cryptocurrency. The company trimmed its end-of-2026 target by 65% following the severe downturn in the broader crypto market in the past month. The revision comes even as the altcoin posted a modest 2% rebound over the past week, trading around $1.47 per token at the time of writing. Despite that short-term recovery, the bank’s digital assets team now believes the token is unlikely to reach a new all-time high this year. New XRP Price Prediction The updated forecast was first reported on Monday by DL News, with Geoffrey Kendrick, Standard Chartered’s global head of digital assets research, outlining the changes in a note to investors.  Related Reading: Can XRP Hold Above $1? Token Tumbles 11% as Breakdown Fuels Crash Concerns Kendrick, who leads the bank’s crypto research efforts, acknowledged that recent market conditions have forced a broad reassessment of price expectations a