Here’s Why Analysts say XRP Price is Extremely 'Undervalued’ at $1.30
Cointelegraph
Analysts suggest XRP is significantly undervalued, with on-chain metrics and technical patterns pointing toward a potential major price rebound.Summary
XRP currently shows signs of being deeply undervalued, with its MVRV ratio falling to -47%, a level historically associated with market bottoms and accumulation. Technical indicators, including a bullish falling wedge pattern and recovering RSI, suggest a potential breakout target of $3.10. Furthermore, rising transaction activity on the XRP Ledger indicates the formation of a stable macro price floor, leading some analysts to project significant long-term upside potential.
(Source：Cointelegraph)