Santiment's latest MVRV analysis indicates that XRP and ADA are currently undervalued, with MVRV ratios of -6.1% and -4.4%, respectively. This suggests potential buying opportunities for these cryptocurrencies. In contrast, Bitcoin (BTC) and Ethereum (ETH) show signs of overvaluation with positive MVRV readings, indicating a possible price pullback. Chainlink (LINK) remains neutral in this analysis. Santiment notes that lower MVRV ratios could present better risk-reward scenarios for swing traders.
Santiment Analysis: XRP and ADA Undervalued, BTC and ETH Overvalued
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