Regulatory Crackdowns Deeply Impact Monero (XMR)
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Regulatory Crackdowns Deeply Impact Monero (XMR) Amid Escalating Illicit Transactions

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Azeez Mustapha

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Regulatory crackdowns deeply impact Monero amid escalating illicit transactions. Recent findings reveal a growing trend toward privacy coins for illegal transactions. Bitcoin’s role in illicit activities dropped from 97% in 2016 to 12% by 2024. Monero’s advanced privacy features have increased its appeal. The rise in unlawful transactions has drawn regulatory attention.


Prominent exchanges such as Binance and Kraken have removed Monero from their platforms because of compliance issues. These actions might lower liquidity and restrict access, potentially affecting XMR’s market value. With regulators tightening oversight on privacy-based cryptocurrencies, Monero’s future use and price stability remain in doubt.

Key Monero Levels To Watch – March 18

Regulatory Crackdowns Deeply Impact Monero (XMR) Amid Escalating Illicit Transactions
The XMR/USD pair is showing bearish momentum as it struggles to break above the marked order block (OB) around the $220.0 level. The price is hovering near the 9-day SMA, and failure to reclaim the OB could accelerate a drop.

If the price rejects this resistance zone, it may target the $183.0 support level. The RSI is below 50, indicating weakening bullish strength and a higher probability of further downside.

XMR Key Levels

Resistance Levels: $220.0, $260.0, $280.0
Support Levels: $183.0, $153.0, $135.0

Monero Metric
Total Market Capitalization: $2.76T

 Monero Market Capitalization: $3.88B
 Monero Volume: $58.58M
 Market Rank: #29
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