Part 2/8:

To establish realistic price forecasts for Monero, it is essential to consider its historical performance and market behavior. Launched in 2014, Monero has seen significant swings in its pricing, notably during the bull markets of 2017 and 2021. The analysis begins with observing that, back in October 2017, Monero was trading at approximately $121 before experiencing a steep rise to a high of $487 by December of the same year. This surge represented an astonishing gain of nearly 3,917%.