Crypto Sector Faces Over $400M Losses in January 2026 Due to Security Breaches
- Security Breach Losses: According to blockchain security firm CertiK, the cryptocurrency sector experienced approximately 40 security breaches in January 2026, resulting in over $400 million in losses, highlighting the industry's vulnerability in terms of security.
- Major Loss Incident: The largest loss stemmed from a phishing attack targeting a Trezor wallet user, amounting to $284 million, involving the theft of 1,459 BTC and 2.05 million LTC, which accounted for 71% of the month's total losses, significantly impacting investor funds.
- Regulatory Challenges Intensified: With the rising demand for privacy coins like Monero, regulatory bodies are under increasing pressure to implement measures addressing cryptocurrency-related money laundering and crime, further pushing for the establishment of industry standards.
- Market Volatility Response: Despite Bitcoin maintaining a 59.19% market share, its price has declined by 28.25% over the past 90 days, reflecting heightened volatility in the market amid recent crisis events, prompting investors to focus more on security and compliance issues.
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Technical Analysis for XMR
Technical Sentiment Analysis for Monero (XMR) As of , Monero (XMR) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 2 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for XMR stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, XMR is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Monero (XMR) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 33.278 | 154.779 | 257.598 | 379.099 | 481.918 | 603.419 | 706.238 |
| Fibonacci | 154.779 | 240.469 | 293.409 | 379.099 | 464.789 | 517.729 | 603.419 |
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