Monero is falling today: what traders are watching

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Monero slides 10.78% today

Highlights

OKX and Binance have delisted Monero (XMR), citing increased regulatory pressure on privacy-focused cryptocurrencies.
European Union's stricter anti-money laundering regulations have led to the removal of XMR trading pairs and reduced accessibility in European markets.
Monero's development community continues releasing updates aimed at enhancing transaction privacy and network security despite exchange delistings.

Access concerns rise as regulatory actions drive major exchange delistings

Monero has recently been delisted from several major exchanges, including OKX and Binance, in response to growing regulatory pressure on privacy-focused cryptocurrencies. Stricter anti-money laundering regulations from the European Union have resulted in the removal of XMR trading pairs on these platforms, affecting accessibility in European markets. The Monero development community continues to issue regular updates focused on improving transaction privacy and network security.

Anton Kharitonov, expert at Traders Union, believes Monero’s technical setup shows structural vulnerability even as prices stand above key moving averages. He notes that overbought signals and the recent 10.78% slide indicate unsustainable momentum. Regulatory pressure, including delistings on OKX and Binance, has severely impacted sentiment and restricted market access. Ongoing privacy upgrades are positives, but powerful headwinds from global AML measures raise serious medium-term risks. He warns, "With so many exchanges dropping XMR and persistent overbought readings, I see a real chance for sharper corrections below $400 if support fails."

Viktoras Karapetjanc, expert at Traders Union, sees structural bullishness in Monero despite recent volatility. The strong technical position above major MAs and continued network upgrades point to resilient demand and long-term adoption. Karapetjanc credits the Monero development team’s active work to improve security, which could bolster institutional interest once regulatory clarity emerges. He notes that downside appears limited while consolidation supports future growth. He states, "I remain confident in Monero’s prospects — the bullish structure remains intact and the market offers attractive setups above $400."

Parshwa Turakhiya, analyst, highlights a divergence between strong trend indicators and current selling pressure. He sees high intraday volatility as a short-term trading opportunity around the $400–$426 range. Sentiment is cautious as overbought conditions and exchange delistings test bulls’ conviction. He advises, "Intraday traders should watch for momentum fades and be ready to capitalize on sharp moves between $400 and $430."

Downside pressure builds despite conflicting bullish momentum signals

Momentum indicators present a mixed picture: daily MACD and ADX are positive, suggesting ongoing trend strength, but several oscillators signal overbought conditions (RSI at 77.06, Stoch RSI and CCI both overbought, BBP sharply elevated). Awesome Oscillator readings also support the upward trend. However, current price action is bearish, with XMR sliding 10.78% from the previous close and opening lower without a price gap, now near the lower end of today’s $402.99 – $428.10 range. Intraday volatility is high, and downside pressure after the open is evident, contrary to the still-strong momentum readings, highlighting short-term divergence between rising trend strength and overbought market fatigue. Previously it was noted that Monero's Fluorine Fermi network update enhanced security and efficiency, while sellers dominated market action amidst regulatory scrutiny. The article also reported on high volatility and persistent pressure as cautious sentiment shaped short-term expectations.

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

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.