XRP 是否被高估？這種鏈上分析表明它可能是

自 11 月山寨幣開始爆發以來，這是更廣泛的市場提出的問題。

The XRP price has enjoyed an incredible rally over the last few months, but some on-chain indicators now suggest that the token might be overvalued.

XRP 價格在過去幾個月中經歷了令人難以置信的上漲，但一些鏈上指標現在表明該代幣可能被高估了。

According to a recent analysis, several metrics indicate that XRP’s price could be unsustainable. One indicator is the Network Value to Transaction (NVT) ratio, which measures the growth of an asset’s market cap relative to the transaction growth.

根據最近的分析，多項指標表明 XRP 的價格可能無法持續。其中一個指標是網路價值與交易（NVT）比率，它衡量資產市值相對於交易成長的成長。

When the ratio drops, it means that transactions on the network are growing faster than the market cap, which is bullish and indicates that the price is undervalued.

當該比率下降時，意味著網路上的交易成長速度快於市值，這是看漲的，表示價格被低估。

On the other hand, a spike in the NVT ratio suggests that the market cap is growing at a faster pace which draws it to a more overvalued area. According to Santiment (as shown above), XRP’s NVT ratio has jumped to a high reading of 477.

另一方面，NVT 比率的飆升表明市值正在以更快的速度增長，從而將其拉向估值更高的區域。根據 Santiment 的數據（如上圖），XRP 的 NVT 比率已躍升至 477 的高點。

Another indicator with such sentiment is the price- Daily Active Addresses (DAA) divergence. The price DAA measures the level of price growth compared to user engagement. When the metric increases, it means that user engagement is backing the price action, which is bullish.

具有這種情緒的另一個指標是價格與每日活躍地址（DAA）的背離。價格 DAA 衡量的是與用戶參與度相比的價格成長水準。當該指標增加時，意味著用戶參與度正在支持價格走勢，這是看漲的。

However, as of this writing, the price of DAA divergence has dropped by 326.13%, suggesting that the number of XRP wallets interacting with the token has decreased. If this trend continues, then the XRP price might slide lower than $2.

然而，截至本文撰寫時，DAA 背離的價格已下跌 326.13%，這表明與該代幣互動的 XRP 錢包數量有所減少。如果這種趨勢持續下去，那麼 XRP 價格可能會跌破 2 美元。

XRP Price Prediction: Momentum Stays Bearish

XRP 價格預測：動能維持看跌

On the 4-hour chart, the XRP price attempted to hit $2.40. However, the altcoin faced resistance at $2.35, which has pulled the price back to $2.31. A look at the Moving Average Convergence Divergence (MACD) shows that the 12- and 26-period Exponential Moving Averages are down to the negative region.

在 4 小時圖表上，XRP 價格試圖觸及 2.40 美元。然而，山寨幣在 2.35 美元處遇到阻力，將價格拉回 2.31 美元。移動平均線收斂分歧 (MACD) 顯示，12 週期和 26 週期指數移動平均線已跌至負值區域。

This drop indicates bearish momentum around the token. Should the momentum continue to decline, then the XRP price might fall to $2.05.

這種下跌表明代幣周圍的看跌勢頭。如果勢頭繼續下降，那麼 XRP 價格可能會跌至 2.05 美元。

So, is XRP overvalued? This analysis suggests it could be. In a strongly bearish scenario, the token might drop to $1.90. Conversely, increased buying pressure could drive XRP up to $2.73.

那麼，XRP 是否被高估了？這項分析顯示可能是這樣。在強烈看跌的情況下，代幣可能會跌至 1.90 美元。相反，購買壓力的增加可能會推動 XRP 上漲至 2.73 美元。