A fully decentralized Atomic Swap between XMR and BTC is in progress. Once that happens, I believe there will be no more blockage in terms of price action. Once you can swap through coins without the need of someone else giving you permission or taking it away from you, you will not be stopped by a stupid "money laundering" excuse.
Anyway, XMR has mostly only been delisted from a few larger exchanges. Besides Bittrex, which appears to be a personal choice of delisting rather than a governmental order, I don't even know any other exchange that removed it. And now that Grayscale has included XMR in its soon-to-be investment products, I highly doubt governments are going to turn against it.
Governments love Monero. Not for their citizens, but for themselves. They won't fully ban it, but the more regular persons they can push away from it, the better it is for them.
We're going to have to wait and see what happens in the future with Monero, according to the development of new decentralized exchanges. Atomic swaps technology will increase XMR's level of accessibility to people in the mainstream world. Being one of the best (if not the best) privacy-oriented cryptocurrencies in the world, I'd say the coin should be worth a lot more than what it is right now. As governments increase their surveillance efforts, more people will become inclined into privacy-oriented solutions. Monero could see increased demand as people begin to consider it as an alternative to cash (paper money). With CBDCs, this will become a reality faster than you could've ever imagined.
Nonetheless, there are many undervalued coins on the market which are a hidden gem. Monero (XMR), Diamond (DMD), Litecoin (LTC), and even DASH are undervalued coins with unique features in the crypto/Blockchain space. Coins like LTC, DASH, and DMD serve as great stores of value because of their finite supply. DMD is the most scarce coin on the list, with only 4.38 million coins that will ever exist. It's scarcer than both Bitcoin and Litecoin, yet it sits between the $2 - $2.30 range. A coin like this should've been worth well above $10k by now. But knowing that people are focused into other things like "De-Fi" and NFTs, this becomes only a distant dream. In crypto land where strange and bizarre things happen, no one knows what an specific cryptocurrency's price will be in the future. All we can do is speculate, hoping that our predictions will come true sometime in the future. Just my thoughts