I have read it a few times that if you send cryptocoins to a wrong address, there is no way to recover them, but in the age of technology, there is something new happening every day. So I believe there is some hope for me.
I have started using crypto currency about 8 months ago and never faced any problem till now. But yesterday I was transferring some funds.
But after a few hours when I didn't receive anything, I got anxious and tried to know what has happened with me.
Can anyone recommend me what should I do, so I can breathe again.
It is still a no. There is no way unless that party decides to send those points back to you. Now it sounds like you don't even have a clue who that is it was simply a mistyped address,, and that case there is absolutely nothing you could do at all.
However if it was a coin address that you use before maybe for a company or something, then you might be able to get them to do something for you but I seriously doubt it.