XRP's price initially surged after President Donald Trump announced its inclusion in his proposed cryptocurrency reserve, but profit-taking led to a decline and pushed the altcoin into undervalued territory. XRP's Market Value to Realized Value (MVRV) ratios suggest that the coin is currently undervalued. Negative MVRV ratios historically present a buying opportunity, signaling that now may be a good time to buy XRP. Despite its recent price decline, XRP's futures market participants remain optimistic, with a positive funding rate. If market demand increases, XRP could reach resistance at $2.93 and potentially reclaim its all-time high of $3.40. However, if the downtrend continues, XRP's price could fall to $2.13.



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