Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
KuCoin Shares
KCS
|
0.830235 |
details, prediction |
Bitcoin Cash
BCH
|
0.80287886 |
details, prediction |
Ethereum
ETH
|
0.79728895 |
details, prediction |
Litecoin
LTC
|
0.78123915 |
details, prediction |
Cardano
ADA
|
0.67326415 |
details, prediction |
|
Second tier
|
Vechain
VET
|
0.8864558 |
details, prediction |
Status
SNT
|
0.8491125 |
details, prediction |
Ravencoin
RVN
|
0.8481678 |
details, prediction |
Bitcoin SV
BSV
|
0.81327766 |
details, prediction |
Waves
WAVES
|
0.8107107 |
details, prediction |
|
Third tier
|
LAToken
LA
|
0.9213612 |
details, prediction |
AdEx
ADX
|
0.86116713 |
details, prediction |
Power Ledger
POWR
|
0.8604368 |
details, prediction |
ICON
ICX
|
0.84368694 |
details, prediction |
Lisk
LSK
|
0.829025 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Gas 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 Gas
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Stellar
XLM
|
-0.53018314 |
details, prediction |
ZCash
ZEC
|
-0.29052123 |
details, prediction |
UNUS SED LEO
LEO
|
-0.25657058 |
details, prediction |
TRON
TRX
|
-0.25321576 |
details, prediction |
Binance Coin
BNB
|
-0.23528183 |
details, prediction |
|
Second tier
|
OriginTrail
TRAC
|
-0.59856606 |
details, prediction |
Telcoin
TEL
|
-0.5209722 |
details, prediction |
Dai
DAI
|
-0.39999306 |
details, prediction |
USD//Coin
USDC
|
-0.26938742 |
details, prediction |
Cosmos
ATOM
|
-0.13399999 |
details, prediction |
|
Third tier
|
Chronobank
TIME
|
-0.43990007 |
details, prediction |
Komodo
KMD
|
-0.38346386 |
details, prediction |
FunFair
FUN
|
-0.346561 |
details, prediction |
V Systems
VSYS
|
-0.21601178 |
details, prediction |
Dero
DERO
|
-0.18044075 |
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)