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Santiment says the recent crypto sell-off pushed several major assets into historical "buy zones" based on their 30-day MVRV indicator.
Here's where they stood:
🔸 $XRP : -8% MVRV
🔸 Chainlink ($LINK): Negative MVRV
🔸 Cardano ($ADA): -18% MVRV (Strongest buy signal)
The idea behind the metric is simple:
When most recent buyers are sitting at a loss, panic selling eventually dries up and long-term investors start accumulating.
According to Santiment, that's exactly the type of setup that has often preceded rebounds in previous market cycles.
The firm also noted that several of these assets have already started recovering from their lows, suggesting that sentiment may have become overly bearish.
Of course, no indicator guarantees a rally, but Santiment believes the recent correction has created some of the most attractive risk-reward conditions seen in weeks. 👀