Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Ethereum Classic
ETC
|
0.9434345 |
details, prediction |
Cardano
ADA
|
0.9319701 |
details, prediction |
Bitcoin Cash
BCH
|
0.9267299 |
details, prediction |
Binance Coin
BNB
|
0.92552286 |
details, prediction |
XRP
XRP
|
0.9162539 |
details, prediction |
|
Second tier
|
Bitcoin Gold
BTG
|
0.9502252 |
details, prediction |
Waves
WAVES
|
0.94928026 |
details, prediction |
Theta Fuel
TFUEL
|
0.9487671 |
details, prediction |
Siacoin
SC
|
0.93637043 |
details, prediction |
Basic Attention Token
BAT
|
0.92151916 |
details, prediction |
|
Third tier
|
PIVX
PIVX
|
0.96383613 |
details, prediction |
IoTeX
IOTX
|
0.9586676 |
details, prediction |
SwftCoin
SWFTC
|
0.9571153 |
details, prediction |
SysCoin
SYS
|
0.95080453 |
details, prediction |
Elastos
ELA
|
0.94736236 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that SingularityNET 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 SingularityNET
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
TRON
TRX
|
-0.6620482 |
details, prediction |
ZCash
ZEC
|
0.05780365 |
details, prediction |
Bitcoin
BTC
|
0.51444304 |
details, prediction |
Ethereum
ETH
|
0.52324206 |
details, prediction |
Stellar
XLM
|
0.64977807 |
details, prediction |
|
Second tier
|
Nexo
NEXO
|
-0.41629708 |
details, prediction |
Decred
DCR
|
-0.08880351 |
details, prediction |
Algorand
ALGO
|
-0.080589786 |
details, prediction |
HoloToken
HOT
|
0.12769212 |
details, prediction |
Bitcoin SV
BSV
|
0.1388868 |
details, prediction |
|
Third tier
|
Ontology
ONT
|
-0.516982 |
details, prediction |
OPEN Platform
OPEN
|
-0.5076703 |
details, prediction |
Enjin Coin
ENJ
|
-0.3196037 |
details, prediction |
Propy
PRO
|
-0.15253448 |
details, prediction |
LAToken
LA
|
-0.103975035 |
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)