Comedian (BAN), Akash Network (AKT), and Sui (SUI) Are Today's Top Trending Altcoins

The cryptocurrency market is buzzing with activity as several altcoins have stolen the spotlight today. From double-digit price surges to rising trading volumes

Several altcoins are grabbing market attention with double-digit price surges and rising trading volumes. Here are the top trending altcoins today, as of November 18.

Comedian (BAN)

Solana-based meme coin BAN is trending today following a surprise Binance futures listing. The cryptocurrency exchange announced that it will list the altcoin at 11:30 UTC, allowing traders to utilize up to 75x leverage.

In addition to Binance, cryptocurrency exchange Bybit also announced that it will list the token.

As a result of the increased interest and trading activity, BAN's price has soared by 82% in the last 24 hours. Its trading volume has also surged by 300%, currently sitting at $255 million.

From a technical perspective, a 4-hour chart analysis shows that BAN's price has risen above the Ichimoku Cloud, which is a technical indicator that gauges support and resistance levels.

When the price is below the cloud, it signifies strong resistance that could push the price down. However, since the price is above the cloud, it suggests that BAN's price might continue to climb above $0.30.

If this occurs, the altcoin's price could potentially reach $0.43. On the other hand, if selling pressure emerges, the token could drop to $0.20.

Akash Network (AKT)

AI-based project Akash Network, which focuses on decentralized computing, is also among the top trending altcoins today. Like the Comedian project, AKT is trending due to a Binance futures listing.

Following the development, AKT's price surged to $4.25 before recently dropping to $3.73 at the time of writing.

On the daily chart, the Awesome Oscillator (AO) reading is positive, which further highlights the bullish momentum.

The Awesome Oscillator (AO) compares current data to historical data to gauge market momentum. It helps confirm or challenge existing trends and identify whether a trend is bullish or bearish.

When the reading is negative, the momentum is bearish. However, since it is positive, momentum is bullish, suggesting that AKT's price could continue to rise.

As seen on the daily chart, the price could climb to 4.52 gain, which is the highest point for the candlestick's wick.

However, if the hype around the Binance listing drops, this could be invalidated. In that scenario, AKT could decline to $2.91

Sui (SUI)

Sui is once again on the list of trending coins today, although it's important to note that the layer-1 blockchain did not have any major development.

At press time, SUI's price was $3.67, down 6.60% from its all-time high.

Despite the decline, the Average Directional Index (ADX) reading suggests that SUI's price might continue to climb.

This is because the ADX reading has increased, and since SUI's movement has been toward the upside for some time, the value might continue to rise. If this happens, the altcoin's value could rise above $4.

However, if the indicator's reading slides below 25, the uptrend could become weak. In that scenario, the price could decline below $2.38.