Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Litecoin
LTC
|
0.89144224 |
details, prediction |
Ethereum
ETH
|
0.8878971 |
details, prediction |
Bitcoin Cash
BCH
|
0.8771 |
details, prediction |
Bitcoin
BTC
|
0.8469176 |
details, prediction |
ChainLink
LINK
|
0.84602374 |
details, prediction |
|
Second tier
|
HoloToken
HOT
|
0.9307895 |
details, prediction |
0x
ZRX
|
0.8731925 |
details, prediction |
Decentraland
MANA
|
0.8613774 |
details, prediction |
Vechain
VET
|
0.84659696 |
details, prediction |
Tezos
XTZ
|
0.83627963 |
details, prediction |
|
Third tier
|
Hydro Protocol
HOT
|
0.9161215 |
details, prediction |
SysCoin
SYS
|
0.8910457 |
details, prediction |
Gas
GAS
|
0.8053208 |
details, prediction |
Bancor
BNT
|
0.79545987 |
details, prediction |
Lisk
LSK
|
0.7898912 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Bitcoin SV 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 Bitcoin SV
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Stellar
XLM
|
-0.48703456 |
details, prediction |
TRON
TRX
|
0.24264418 |
details, prediction |
ZCash
ZEC
|
0.41733328 |
details, prediction |
Binance Coin
BNB
|
0.5334469 |
details, prediction |
KuCoin Shares
KCS
|
0.6408512 |
details, prediction |
|
Second tier
|
Dai
DAI
|
-0.8548881 |
details, prediction |
USD//Coin
USDC
|
-0.7025708 |
details, prediction |
True USD
TUSD
|
-0.12789427 |
details, prediction |
OriginTrail
TRAC
|
-0.018266512 |
details, prediction |
Telcoin
TEL
|
0.06857974 |
details, prediction |
|
Third tier
|
BABB
BAX
|
-0.2254202 |
details, prediction |
OPEN Platform
OPEN
|
-0.09976806 |
details, prediction |
SingularityNET
AGI
|
0.10791996 |
details, prediction |
Dent
DENT
|
0.14002506 |
details, prediction |
Propy
PRO
|
0.1829782 |
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)