Raydium, Polygon, Beam, Bitcoin, and Ethereum Price Review as the Bulls Take Control of the Market

The bulls are in control of today's session, as seen from the increase in the global market cap. The total cap stood at $2.6T as of press time

The cryptocurrency market is displaying bullish signs on Friday, with gains being posted by most digital assets. Among the top performers are Raydium, Beam, Polygon, and Filecoin, with double-digit percentage gains.

Bitcoin and Ethereum are also showing slight gains in today's session. Among the gainers, Raydium's gains stand out, with a significant increase of 18.3% over the last 24 hours. The token price is approaching the upper Bollinger Band, while the ADX is around 52.34, indicating a strong trend.

Bitcoin, $BTC, is posting slight gains in today's session, as seen from its price movements. Looking at an in-depth analysis, the chart shows a bullish trend with a series of higher highs and higher lows.

The moving averages (50, 100, 200-SMA) are trending upward and have acted as dynamic support levels. The ADX (Average Directional Index) is around 52.34, indicating a strong trend.

Bitcoin traded at $76,409 as of press time, showing a 0.62% increase over the last 24 hours.

Ethereum, $ETH, is also among the gainers in today's session, as also seen from its price movements. Looking at an in-depth analysis, we see that Ethereum also displays a bullish trend with recent gains.

The Bollinger Bands are expanding, suggesting increased volatility with the price trading towards the upper band, often a sign of strength.

The Awesome Oscillator shows increasing green bars, indicating bullish buying momentum. A rising AO typically suggests the continuation of the current trend.

Ethereum traded at $3,032 as of press time, showing a 4.10% increase over the last 24 hours.

Raydium, $RAY, is among the top gainers in today's session, as also seen from its price movements. Looking at an in-depth analysis, we see that Raydium's chart shows a very strong upward trend, marked by a steep incline in recent sessions.

The Ichimoku Cloud is well below the current price, which is a bullish signal. The Money Flow Index (MFI) is extremely high at 87.57, suggesting overbought conditions that could lead to a pullback or consolidation.

Raydium traded at $5.67 as of press time, showing a 18.3% increase over the last 24 hours.

Polygon, $MATIC, is among the top gainers in today's session s, as also seen from its price movements. Looking at an in-depth analysis, we see that Polygon has begun to show recovery after a period of sideways movement.

The price is trending upwards and has moved above the cloud, indicating a potential shift to a bullish phase.

The chart shows a trend reversal confirmed by the Supertrend indicator turning green and moving below the price, suggesting a buy signal.

The MFI has exited the overbought territory as it heads south showing bear momentum.

Polygon traded at $0.3836 as of press time, showing a 10.72% increase over the last 24 hours.

Beam, $BEAM, is also among the gainers in today's session, as also seen from its price movements. Looking at an in-depth analysis Beam's price action has shown recent bullish momentum after a period of consolidation.

The moving averages are positioned in a way that may support continued upward movement. The Alligator indicator (composed of three SMAs) shows an alignment that may suggest an uptrend is strengthening.

However, the Volume Oscillator is slightly negative, indicating that the recent price increase might not be supported by volume, which could be a cautionary signal.

Beam traded at $0.02072 as of press time, showing a 10.05% increase over the last 24 hours.