XMR, a privacy coin has retained its position among the top 30 crypto assets. In the year 2021, XMR has gained 162% till date and still looks bullish at current levels.
On Hourly Time Frame, XMR has been trading in an Ascending Triangle formation and has given a decent breakout.
Key Levels to Watch Out For-
The support to the lower side is present at the psychological level of $400 while it seems determined to reach the target of $500.