Find out now which 3 altcoins will rise 200% with approval of the Ethereum spot ETF

The first cryptocurrency on the analyst's list is Arbitrum (ARB) which recently caught investors' attention due to a major unlock event scheduled for March 16. More than 1.11 billion ARB tokens, valued at approximately US$1.24 billion, will be released. This marks the beginning of a four-year unlocking process, during which a certain amount of tokens will be released every four weeks until 2027.

Arbitrum (ARB) is trading between a support level at $1.75 and a resistance level at $1.9, with a 10-day Exponential Moving Average (EMA) at 1.8.

READ (LDO)

The price of Lido (LDO) soared nearly 14% in the first few weeks of the year, reaching a peak of $3.85 by January 10th. This momentum is fueled by positive market sentiment and updates within the Lido DAO ecosystem. Recently, the price of Lido DAO (LDO) increased by 6% despite an 18% drop in trading volume. Given this confident growth, analysts predict the price could reach $5.44 by the end of 2024.

Metis (METIS)

Metis (METIS) is experiencing steady growth. This fluctuation comes in the context of a significant expansion within its ecosystem, highlighted by a $600 million increase in the value of cryptocurrencies connected to Metis, bringing the total to approximately $700 million. This increase not only outperforms competitors like zkSync and Base, but also reflects positively on the appeal of Metis (METIS), despite the slower growth of its DeFi ecosystem.

Metis (METIS) is trading between support at $90 and resistance at $115, with a 10-day EMA at $103. The current price's proximity to the EMA suggests that METIS is at a crucial point where any Signs of a leak or fall should be watched closely.