BEARISH 📉 : Santiment highlights undervaluation of XRP and Ethereum on MVRV ratio

Santiment's analysis highlights that XRP and Ethereum are in the MVRV Ratio's "undervalued" zone according to their 30-day metrics.

Key Insights

The 30-day Market Value to Realized Value (MVRV) Ratio is negative for XRP and Ethereum, indicating these assets are undervalued.
The MVRV Ratio compares an asset's market cap to its Realized Cap, offering insight into investor profitability.
A negative MVRV Ratio suggests monthly buyers are experiencing losses, potentially presenting buying opportunities.
XRP has a 30-day MVRV of -5.7% and Ethereum -7.6%, placing them in a stronger undervalued category compared to other coins like Bitcoin.
Chainlink shows the highest pain among recent buyers with a 9.5% loss.

XRP recently fell to $1.8 but rebounded above $1.9.