Cardano & XRP Flash Deep Undervaluation: Bounce Loading?
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The heavily-deteriorating crypto market sentiment pushed Bitcoin (BTC) towards a $86,000 retest last weekend. During this time, major-caps also retreated roughly 10% each, following Ethereum’s (ETH) 7.7% in the same time span. Santiment Unravels 3 Most Under-Valued Altcoins After pulling back, some of the major-cap digital assets are now in “under-valued territory”, as reported by Santiment. According to the social blockchain specialists, the 30-day MVRV has turned highly negative for Cardano (ADA) & Ripple (XRP), potentially de-risking the assets. The 30-day Market Value To Realized Value (MVRV) stats work in favor of those crypto currencies with the most negative
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