XRP Shows Signs of Potential Undervaluation Amid Exchange Outflows and Low NVT Ratio

Key Points

1. XRP has seen $519 million in recent capital inflows and a four-month low NVT ratio, indicating potential undervaluation and strong investor confidence.

2. More than 163 million XRP (worth ~$519 million) have been withdrawn from exchanges, suggesting accumulation by holders rather than liquidation.

3. XRP's NVT ratio at a four-month low signals organic usage growth, reducing the likelihood of a speculative bubble.

4. Technical indicators like RSI (64.60) and positive MACD suggest bullish momentum, with XRP trading at $3.26 and approaching its all-time high of $3.84.

5. Declining exchange balances and positive on-chain metrics support the potential for a price rebound.