If the market holds the price of XMR above its support level of $162.5, the Monero price will prepare to test its resistance level of $181. Further, if the bulls continue to dominate the market, the altcoin will head toward its upper high of $200.
On the flip side, if the bulls fail to hold value, the altcoin will plunge below its support trendline of $162.50. In this case, the XMR price will retest its crucial support level of $144.25 during the upcoming weeks.