I don't think Ripple is overValued to Be honnest,
it goes againt the bitcoin way that is true, but it is the best transition from the current way of doing Finance to the decentralised way !!

Ripple will Climb at least to 5USD soon with each parternership they will announce , it will replace swift for the big companies that grow tired from the delay and cost they have right now;

The world is growing faster and faster and banks can not follow anymore!

Ripple is a huge improvement in the good direction ( just an improvement not a goal)