XRP Price Holds Steady, Potential Breakout Near as MVRV Divergence Hints at Undervaluation

The XRP price has remained largely stable above the $2.2450 mark, with buyers demonstrating a strong resilience against potential downside pressure. This stability is signaling that market players may be gearing up for an upward breakout. A break above the $2.28-$2.32 range could confirm a bullish reversal and potentially target resistance levels around $2.42 and $2.6450. Meanwhile, MVRV (Market Value to Realized Value) divergence below the 200-day average suggests that XRP may be undervalued as long-term holder profitability continues increasing.