The XRP: MVRV Pricing Bands indicator provides a framework for analyzing the market price of XRP relative to its Realized Price. The Realized Price represents the average cost basis of all XRP tokens based on the price at which they last moved on-chain. This indicator plots the XRP spot price alongside four distinct pricing bands derived by multiplying the Realized Price by set coefficients (1.25, 1.5, 4.0, and 5.0). These bands are designed to visualize how the current market price deviates from the aggregate on-chain cost basis. By comparing the XRP price to these multipliers, users can observe the proximity of market valuation to realized valuation. While these bands provide a structured way to visualize price movement relative to on-chain cost averages, they do not offer predictive signals or guaranteed support/resistance levels. The chart uses a logarithmic scale to better represent the wide range of price movements typical in historical data.