[Digital Today reporter Yoonseo Lee] XRP has recently been on a downtrend, falling nearly 60 percent from $3.6 recorded in July 2025, but the possibility of longer-term gains is still drawing attention.

The Crypto Basic, a blockchain media outlet, reported on Feb. 17 that global bank Standard Chartered recently revised its long-term XRP price outlook. It lowered its 2026 target to $2.8, but raised targets for 2028 and beyond.

Standard Chartered cut its 2026 XRP price target to $2.8 from $8. That is also below the $3.6 level recorded in July 2025. With XRP currently around $1.48, it would need to rise 89 percent to reach $2.8. The 2027 target was also revised down to $7 from $10.4.

But its outlook for 2028 and beyond became more optimistic. Standard Chartered raised its 2028 target to $12.6 from $12.5 and its 2029 target to $19.6 from $12.25, and it expected the price to rise to $28 in 2030.

A market analyst, Chart Nerd, noted that these targets match Fibonacci extension levels. XRP saw a sharp rally in November 2024, and Fibonacci levels of 127.2 percent at $8.47 and 141.4 percent at $13.7 match the 2027 and 2028 targets, respectively. Ultimately, the analysis said XRP could rise to $27, the Fibonacci 161.8 percent level.