CryptoQuant Quicktake Flags XRP as Overvalued as NVT Jumps 20.3% and Price Holds Near $1.33

XRP has fallen nearly 10% over the last two weeks as broader large-cap weakness persists. CryptoQuant on-chain data show its NVT ratio rose 20.3% versus the 3-month baseline over the past week while price tried to consolidate near $1.33, a setup an analyst says could lead to a repricing. XRP was around $1.32 at the time of writing, with little change in the prior 24 hours.