Near Protocol targets $8.5 despite encountering resistance

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Near Protocol targets $8.5 despite encountering resistance
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Explore how NEAR targets $8.5 despite resistance, fueled by development activities and bullish market trends.

Trading activities in the NEAR market have also played a significant role in fueling its expected growth.

In this instance, an upward trend in development activities suggests a potential rise in NEAR’s price. Typically, such activity indicates that the NEAR team is addressing issues or implementing new improvements and major advancements in its protocol.While ongoing development activity suggests a bullish outlook for NEAR, other factors may also influence the asset’s rally.NEAR is currently trading within a bullish triangle pattern, suggesting an imminent upward movement.

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