XMR climbs around 7.5% after Haveno expands ACH and wire transaction support

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Monero rises 7.42% today to $492.42

Highlights

EU regulations will bar licensed exchanges from handling Monero by July 2027, with major platforms already delisting XMR.
Monero developers are reviewing privacy updates and Haveno has expanded ACH and wire payment support for peer-to-peer trades.
XMR trades below short-term averages but above its 200-day average, with indicators showing negative momentum and a 78% probability of a downward move in the $390.85 to $577.24 range over five days.

Self-custody and Haveno expansion as EU regulation prompts exchange delistings

Regulatory developments in the European Union are set to bar licensed exchanges from handling privacy coins like Monero by July 2027, prompting major exchanges such as OKX and Binance to delist XMR in recent months. Amid these challenges, Monero remains available for self-custody, and the peer-to-peer platform Haveno has expanded support for U.S. ACH and domestic wire transactions. Monero developers are also reviewing a pull request to add a randomized delay for transactions relayed via Tor or I2P, intended to enhance privacy and limit transaction tracking.

Anton Kharitonov, expert at Traders Union, believes Monero’s latest rebound is fragile and primarily reactive. He notes the price failed to reclaim crucial levels, with both MACD and ADX reflecting ongoing downside. Regulatory news from the EU and major exchange delistings continue to cloud sentiment and threaten accessibility longer term. Kharitonov criticizes the lack of sustained institutional or technical support for further gains. "Despite today’s uptick, Monero faces unresolved headwinds that could drag prices back toward $439.37 or lower if sellers maintain control."

Viktoras Karapetjanc, expert at Traders Union, sees continued opportunity for Monero despite regulatory pressures. He highlights strong peer-to-peer developments and adaptive community initiatives such as Haveno’s payment expansion. The analyst believes resilient self-custody solutions and privacy upgrades position Monero for future adoption. Karapetjanc is confident the market will reward innovation as restrictions push demand off major exchanges. "The bullish structure remains intact — sustained progress on privacy features and decentralized platforms can drive a renewed rally toward $577.24."

Jainam Mehta, market strategist, interprets Monero’s rebound as a classic divergence between price action and technical momentum. Mehta notes the oversold readings in RSI and CCI may offer tactical long entries for contrarians, but overall trend bias remains negative below $504.20 resistance. Broader regulatory shifts present both risk and potential volatility catalysts. "If XMR breaks above $504.20 on volume, a short-term squeeze could target the upper band, but caution is warranted unless structural resistance flips to support."

Selling pressure persists despite oversold signals and technical divergence

XMR/USD is trading below its 20-day and 50-day moving averages at $587.08 and $571.70, indicating continued medium-term selling pressure. However, it remains above the 200-day moving average at $439.37, which acts as longer-term support. The immediate resistance level is at $504.20, with key support at $439.37 and additional resistance from the Ichimoku Kijun at $550.54. Daily momentum signals remain negative as both the MACD and ADX favor the downside. The RSI, Stochastic RSI, and CCI are all in the oversold zone, which points to selling exhaustion and possible upside rebound, but sellers currently dominate as reflected in the Bull/Bear Power value. The Awesome Oscillator also supports the bearish momentum. The price climbed $34.02, or 7.42%, from the previous close and opened with a small downside gap of about 0.11%. The current price is near the top of today's trading range with intraday volatility at 15.91%. Buying strength has led the rebound, but overall momentum remains negative, highlighting a divergence between price recovery and underlying technical pressure.

Earlier, analysts noted that Monero was facing persistent downside risks due to enduring bearish momentum and mounting regulatory pressure from upcoming EU restrictions on privacy coins. The current article strengthens this view by highlighting continued technical weakness and exchange delistings, with traders advised to monitor the $439.37 support level for signals of further downside risk.

Source of Data: XMR Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

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