The broader crypto market continues to show mixed signals, yet one token keeps attracting fresh analytical attention. XRP’s price action has remained frustrating for many holders, but on-chain data now suggests the asset is undervalued. Several analysts argue that XRP may be trading below its true on-chain value , and this view is gaining traction across the community. Why ChartNerd Believes XRP Is Undervalued ChartNerd highlighted this trend on X, emphasizing fresh on-chain readings from Glassnode. His post pointed directly to the Market Value to Realized Value ratio, also known as MVRV. The metric is one of the strongest indicators of whether an asset is overpriced or undervalued. It compares market capitalization to the realized capitalization, which represents the aggregate cost basis of holders. When the ratio stays low, assets often trade below their fair value. What the MVRV Ratio Reveals About XRP The Glassnode charts show a pattern that deserves attention. XRP’s MVRV ratio remains far below the extreme levels seen during previous bull markets. Lower readings indicate that most holders sit near break-even levels. $XRP is undervalued. https://t.co/PUcVd3Hj7s pic.twitter.com/umL1J0JpNT — ChartNerd (@ChartNerdTA) November 23, 2025 This trend historically aligns with undervalued market conditions. In 2017 and 2021, the ratio spiked sharply before XRP reached major price peaks. The current environment shows none of those extremes, suggesting muted speculation. Comparing Past Market Cycles to Today The uploaded chart reveals a clear contrast between 2017’s explosive rally and today’s steadier structure. During the 2017 cycle, MVRV soared to unusually high levels as the price moved sharply above the cost basis. The present chart shows a calmer pattern with no such spike. This suggests a market that has not yet entered a euphoric phase. XRP’s price has risen and dropped in recent months, yet the MVRV ratio remains moderate. That gap strengthens the view that the asset is undervalued. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Market Conditions and Price Behavior XRP currently trades within a stable range, even as broader crypto sentiment fluctuates. The asset has shown resilience despite regulatory pressure and shifting liquidity. A relatively low MVRV ratio in such conditions can support a bullish outlook. It suggests that investors are not taking excessive profits. It also implies that large parts of the supply remain long-term oriented. Key Considerations for Investors MVRV alone does not guarantee future performance. The market can stay undervalued for long periods. External factors such as regulation, liquidity, and global macro trends can shift sentiment quickly. Still, the combination of stable price action and low MVRV readings offers a compelling signal. It supports the idea that XRP has room to grow if market demand strengthens. ChartNerd’s assessment aligns with the broader message from on-chain data. XRP appears undervalued when compared with historic MVRV behavior. The current ratio is far from the levels that marked previous market tops. This suggests unrealized upside if conditions continue to mature. While no single metric tells the full story, XRP’s on-chain structure points toward a strong value-based setup in the months ahead. Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Analyst Claims XRP Is Undervalued. Here’s Why appeared first on Times Tabloid .