NEAR Protocol Eyes Rally with Increased Development Activity

NEAR Protocol (NEAR) has seen a 6.53% rise this week, though it's facing resistance at $4.662, slowing recent gains. Despite this, NEAR is set for potential upward movement.

Development activity on NEAR is increasing, which could lead to new protocol improvements and further price gains. Historically, more development signals bullish trends.

NEAR is trading in a bullish triangle pattern, but if it breaks the $4.662 resistance, it could target prices of $5.25 and beyond. Strong interest in NEAR, with rising open interest and trading volume, signals potential for further growth.

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