Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Crypto.com Chain
CRO
|
0.8584325 |
details, prediction |
KuCoin Shares
KCS
|
0.8376556 |
details, prediction |
XRP
XRP
|
0.7968204 |
details, prediction |
Bitcoin Cash
BCH
|
0.7800019 |
details, prediction |
Cardano
ADA
|
0.75483125 |
details, prediction |
|
Second tier
|
Bitcoin Gold
BTG
|
0.86265445 |
details, prediction |
Synthetix Network Token
SNX
|
0.8539783 |
details, prediction |
Theta Fuel
TFUEL
|
0.81086653 |
details, prediction |
Waves
WAVES
|
0.8069924 |
details, prediction |
Siacoin
SC
|
0.80657786 |
details, prediction |
|
Third tier
|
LAToken
LA
|
0.91213155 |
details, prediction |
SingularityNET
AGI
|
0.8327864 |
details, prediction |
Ontology
ONT
|
0.82616496 |
details, prediction |
PIVX
PIVX
|
0.8171181 |
details, prediction |
Steem
STEEM
|
0.81122714 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Request Network 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 Request Network
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Stellar
XLM
|
-0.43777496 |
details, prediction |
ZCash
ZEC
|
-0.24802764 |
details, prediction |
TRON
TRX
|
-0.038223386 |
details, prediction |
Monero
XMR
|
0.5509799 |
details, prediction |
Binance Coin
BNB
|
0.5845422 |
details, prediction |
|
Second tier
|
USD//Coin
USDC
|
-0.7380899 |
details, prediction |
Dai
DAI
|
-0.61153644 |
details, prediction |
True USD
TUSD
|
-0.48734602 |
details, prediction |
Telcoin
TEL
|
0.09635529 |
details, prediction |
OriginTrail
TRAC
|
0.1306306 |
details, prediction |
|
Third tier
|
V Systems
VSYS
|
-0.33393687 |
details, prediction |
Matrix AI Network
MAN
|
-0.1549904 |
details, prediction |
Propy
PRO
|
-0.14133011 |
details, prediction |
Komodo
KMD
|
0.0870883 |
details, prediction |
Phantasma
SOUL
|
0.2337507 |
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)