Santiment: XRP 365-Day MVRV at -11.75%, DOGE at -19.26%
- —XRP 365-day MVRV near -11.75%, DOGE near -19.26%
- —BTC, ETH and LINK MVRV slightly above 0% after the rebound
- —DOGE hit $0.1042 in 24 hours before retreating to about $0.092
- —XRP MVRV fell to -41% in April, lowest since November 2022
Why it matters: Deeply negative MVRV can curb profit-taking pressure, though it does not by itself signal a market bottom.
Source: The Crypto Times