Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
TRON
TRX
|
0.86369395 |
details, prediction |
Tezos
XTZ
|
0.8611168 |
details, prediction |
EOS
EOS
|
0.8441286 |
details, prediction |
Litecoin
LTC
|
0.83727586 |
details, prediction |
Theta
THETA
|
0.8360288 |
details, prediction |
|
Second tier
|
iEx.ec
RLC
|
0.9035445 |
details, prediction |
XYO Network
XYO
|
0.8834025 |
details, prediction |
Decred
DCR
|
0.8764744 |
details, prediction |
OriginTrail
TRAC
|
0.87092334 |
details, prediction |
SwissBorg
CHSB
|
0.86957735 |
details, prediction |
|
Third tier
|
EximChain
EXC
|
0.9522834 |
details, prediction |
PCHAIN
PAI
|
0.9444658 |
details, prediction |
CyberMiles
CMT
|
0.94281214 |
details, prediction |
FedoraCoin
TIPS
|
0.93875194 |
details, prediction |
Skycoin
SKY
|
0.9340118 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Wild Crypto 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 Wild Crypto
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Ethereum Classic
ETC
|
0.14881168 |
details, prediction |
Binance Coin
BNB
|
0.21305107 |
details, prediction |
Bitcoin
BTC
|
0.50683147 |
details, prediction |
Stellar
XLM
|
0.5525148 |
details, prediction |
KuCoin Shares
KCS
|
0.5963729 |
details, prediction |
|
Second tier
|
Dai
DAI
|
-1.6703847E-4 |
details, prediction |
DigiByte
DGB
|
0.16758941 |
details, prediction |
Decentraland
MANA
|
0.20907915 |
details, prediction |
Basic Attention Token
BAT
|
0.3014778 |
details, prediction |
True USD
TUSD
|
0.38687968 |
details, prediction |
|
Third tier
|
ODEM
ODEM
|
-0.8314294 |
details, prediction |
Metaverse
ETP
|
-0.5564487 |
details, prediction |
Unobtanium
UNO
|
-0.49380916 |
details, prediction |
AurumCoin
AU
|
-0.44585878 |
details, prediction |
Zilbercoin
ZBC
|
-0.42618695 |
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)