Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
IOTA
IOT
|
0.77992797 |
details, prediction |
Crypto.com Chain
CRO
|
0.77827764 |
details, prediction |
Cardano
ADA
|
0.7469239 |
details, prediction |
Ethereum
ETH
|
0.7350276 |
details, prediction |
Fantom
FTM
|
0.7303211 |
details, prediction |
Second tier
|
ZCash
ZEC
|
0.79665637 |
details, prediction |
Ardor
ARDR
|
0.79323494 |
details, prediction |
Storj
STORJ
|
0.78699285 |
details, prediction |
Digix DAO
DGD
|
0.784529 |
details, prediction |
IoTeX
IOTX
|
0.77584285 |
details, prediction |
Third tier
|
NovaCoin
NVC
|
0.8130556 |
details, prediction |
RubyCoin
RBY
|
0.804895 |
details, prediction |
FunFair
FUN
|
0.80306304 |
details, prediction |
WePower
WPR
|
0.7864117 |
details, prediction |
Dreamscape
DSC
|
0.7816964 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that ATLANT price can be leaded by other, more mighty cryptocurrency, or maybe some market trend have affect on it.
It can be confidently asserted that any crypto currency has a significant dependence on the market as a whole and, in particular, the top 3 currencies -
Bitcoin,
Ethereum and
Ripple, so the prediction of their prices will affect the price of ATLANT
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
Bitcoin SV
BSV
|
-0.5951853 |
details, prediction |
KuCoin Shares
KCS
|
-0.5047335 |
details, prediction |
Bitcoin Cash
BCH
|
-0.43658346 |
details, prediction |
EOS
EOS
|
-0.4057165 |
details, prediction |
XRP
XRP
|
-0.37251598 |
details, prediction |
Second tier
|
DASH
DASH
|
-0.59288293 |
details, prediction |
BORA
BORA
|
-0.4990087 |
details, prediction |
HedgeTrade
HEDG
|
-0.41045502 |
details, prediction |
Telcoin
TEL
|
-0.23804715 |
details, prediction |
True USD
TUSD
|
-0.07007802 |
details, prediction |
Third tier
|
MOAC
MOAC
|
-0.79742134 |
details, prediction |
Prizm
PZM
|
-0.769401 |
details, prediction |
GAPS
GAP
|
-0.73562765 |
details, prediction |
Energi
NRG
|
-0.723664 |
details, prediction |
Polybius
PLBT
|
-0.7054222 |
details, prediction |
This report should be leaned to build highly diversified portfolio.
It makes sense to mention that a low correlation in this case includes not only coins whose movements are not statistically related but, on the contrary, move in opposite directions (in the case of a negative value of the parameter)