Bitcoin (BTC) faced substantial pressure over the weekend amid a declining macroeconomic sentiment. As crypto assets have become undervalued, new data reveals that both Ripple (XRP) and Cardano (ADA) are positioned lower than Bitcoin on the valuation scale.

XRP Values Compared to Bitcoin

Recent insights from Santiment state that a coin’s 30-day Market Value to Realized Value (MVRV) ratio can be useful for assessing entry conditions for investment. A lower MVRV indicates less risk. Consequently, a negative MVRV suggests average traders are losing money, presenting a chance to invest while profits remain subdued. Santiment emphasized that extreme negative readings correspond to safer buying opportunities.

📊“The lower a coin’s 30-day MVRV is, the less risk there is in opening or adding on to your position.”

— Santiment (@santimentfeed)

In contrast, a positive MVRV means average traders are in profit, raising the risk of entering the market at inflated levels. Currently, XRP is recorded at -5.7%, categorizing it as undervalued, whereas Bitcoin is at -3.7%, which is considered mildly undervalued.

Additionally, other notable altcoins were marked as undervalued in the 30-day MVRV report. Chainlink (LINK) had the most negative value at -9.5%, followed by Cardano (ADA) at -7.9% and Ethereum (ETH) at -7.6%.

Reaccumulation Insights

XRP has dropped nearly 4% over the last week, trading below $2. It touched $1.81 before experiencing a slight rebound to $1.89 on Monday. Despite the short-term market volatility, some analysts maintain that the broader trend is intact. Crypto analyst ChartNerd pointed out a longer-term bullish scenario for XRP, noting that an explosive surge in December 2024 led to a year-long retest of its previous seven-year resistance level. ChartNerd likened this phase to a reaccumulation trend similar to what occurred in 2017, indicating a potential upward movement if the current price holds.