#XRP
The rejection of **XRP** can refer to different contexts, depending on the situation. Here are some possibilities:
1. **Rejection by Exchanges or Financial Services**
- Some brokers or payment platforms may have restricted or removed XRP from their listings due to **regulatory issues**, such as the **SEC's lawsuit against Ripple**.
- Example: In 2021, several exchanges (like Coinbase, Binance US, and OKCoin) temporarily suspended XRP trading in the US after the SEC classified the token as a *security* (unregistered asset).
2. **Rejection by the Market (Technical Analysis)**
- In trading, a "rejection" occurs when the price tests a level of resistance or support and is repelled.
- If XRP tries to break through a resistance (e.g., US$ 0,60) and fails, traders may interpret it as a sell signal.
3. **Rejection by Business Partners**
- Some financial institutions or companies that previously used Ripple's technology (like ODL - *On-Demand Liquidity*) may have reduced their use of XRP due to legal uncertainty.
4. **Rejection by Investors**
- The delay in resolving the SEC case (which started in **December 2020**) drove some investors away, concerned about the possible classification of XRP as a *security* in the US.
- In **2023**, Ripple achieved partial victories in court, with a judge declaring that **sales of XRP on exchanges did not constitute securities offerings**. This reignited optimism.
- Many exchanges relisted XRP, but global regulatory uncertainty still persists.
