XRP dropped post 3 USD attempt: XRP experienced a notable decrease in value when it couldn’t maintain its position above the 3 USD mark. This failure has prompted traders to reevaluate their strategies and seek alternative options in the cryptocurrency market.

Traders hedge amid market volatility: Amidst this drop in XRP value, traders are hedging by diversifying into other digital currencies. This move is motivated by the anticipation of MAJOR rallies in these alternatives, highlighting the unpredictable nature of the crypto market.