Ethereum Undervalued, Bitcoin & XRP Remain Neutral Amid Recent Bullish Reversal
Based on the 30-day Market Value to Realized Value (MVRV) Ratio, Ethereum (ETH) is mildly undervalued at -5. 5%. Bitcoin (BTC), XRP (XRP), and Chainlink (LINK) remain neutral at -1. 4%, -0. 1%, and +3. 3%, respectively. By contrast, Cardano (ADA) is mildly overvalued, with an MVRV ratio of +6. 8%
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