XRP 的 NVT 比率顯示估值過高

儘管近期有所上漲，但 XRP 的網路價值與交易（NVT）比率凸顯了潛在的高估風險。

XRP’s price has enjoyed a recent rally, but several metrics now point toward a potential risk of overvaluation.

XRP 的價格最近有所上漲，但現在有幾個指標表明存在潛在的高估風險。

One key indicator is the Network Value to Transaction (NVT) ratio, which highlights a concerning divergence. The metric compares an asset’s market capitalization to its transaction volume, offering insights into whether its price is sustainable.

一個關鍵指標是網路價值與交易（NVT）比率，它凸顯了一個令人擔憂的差異。此指標將資產的市值與其交易量進行比較，從而深入了解其價格是否可持續。

XRP’s NVT ratio has seen sharp fluctuations in December, indicating instability. The current spike in the ratio reflects a disconnect between XRP’s price and the underlying transaction activity on the network.

XRP的NVT比率在12月份出現了劇烈波動，顯示不穩定。目前該比率的飆升反映出 XRP 的價格與網路上的基礎交易活動之間的脫節。

While the price sits at $2.23, the high NVT ratio signals that market cap growth is outpacing network utility, a bearish sign. Unless transaction volumes catch up, XRP may face heightened correction risks, challenging the bullish momentum observed in recent weeks.

雖然價格為 2.23 美元，但較高的 NVT 比率表明市值增長速度超過了網路公用事業，這是一個看跌信號。除非交易量趕上，否則 XRP 可能面臨更大的調整風險，挑戰最近幾週觀察到的看漲勢頭。

Another metric raising concerns is the Price-Daily Active Addresses (DAA) divergence, which reveals a concerning trend for XRP’s rally. This metric assesses whether price movements align with user engagement on the network.

另一個引起擔憂的指標是價格與每日活躍地址（DAA）的背離，這揭示了 XRP 上漲的令人擔憂的趨勢。此指標評估價格變動是否與網路上的使用者參與度一致。

As XRP’s price surged to $2.23, the DAA divergence has plummeted by 326.13%. This stark decline indicates a drop in the number of active XRP wallets interacting with the token.

隨著 XRP 價格飆升至 2.23 美元，DAA 背離大幅下降 326.13%。這種明顯下降表明與該代幣互動的活躍 XRP 錢包數量有所下降。

Such a sharp divergence suggests that the recent price spike is not being supported by robust on-chain activity.

如此巨大的差異表明，最近的價格飆升並沒有得到強勁的鏈上活動的支持。

If user engagement remains low, it could undermine XRP’s bullish momentum and increase the risk of a significant price correction, putting its current rally under pressure.

如果用戶參與度仍然較低，可能會削弱 XRP 的看漲勢頭，並增加價格大幅調整的風險，使其當前的漲勢面臨壓力。

Finally, a glance at the 4-hour chart reveals XRP remaining under bearish pressure. The price attempted to reach $2.40 but faced resistance at $2.35, causing a pullback to $2.31. The MACD indicator shows that the 12- and 26-period EMAs are in the negative region, reinforcing bearish sentiment.

最後，4 小時圖顯示 XRP 仍處於看跌壓力之下。價格試圖達到 2.40 美元，但在 2.35 美元處遇到阻力，導致回調至 2.31 美元。 MACD 指標顯示 12 期和 26 期 EMA 處於負值區域，強化了看跌情緒。

With declining momentum, XRP risks further drops to $2.05 and potentially $1.90 in a strongly bearish scenario. However, renewed buying interest could push the price back to $2.73.

隨著勢頭下降，XRP 風險進一步跌至 2.05 美元，在強烈看跌的情況下可能跌至 1.90 美元。然而，新的購買興趣可能會將價格推回 2.73 美元。

As the token consolidates around $2.24, traders should watch for either a breakout above $2.35 or a continued downtrend.

隨著該代幣在 2.24 美元附近盤整，交易者應該關注突破 2.35 美元或持續下跌趨勢。

The MACD’s position highlights caution for bullish expectations in the short term

MACD 的立場凸顯了對短期看漲預期的謹慎態度