Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
ChainLink
LINK
|
0.1822866 |
details, prediction |
Cardano
ADA
|
0.17074503 |
details, prediction |
Crypto.com Chain
CRO
|
0.16244677 |
details, prediction |
UNUS SED LEO
LEO
|
0.15257333 |
details, prediction |
Monero
XMR
|
0.114015475 |
details, prediction |
|
Second tier
|
Nexo
NEXO
|
0.52086145 |
details, prediction |
Decred
DCR
|
0.4233372 |
details, prediction |
aelf
ELF
|
0.2525971 |
details, prediction |
Bitcoin SV
BSV
|
0.23836268 |
details, prediction |
Cosmos
ATOM
|
0.2299745 |
details, prediction |
|
Third tier
|
Streamr DATAcoin
DATA
|
0.8887016 |
details, prediction |
Dent
DENT
|
0.5130226 |
details, prediction |
FunFair
FUN
|
0.46700495 |
details, prediction |
Propy
PRO
|
0.4645864 |
details, prediction |
Matrix AI Network
MAN
|
0.45709714 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that BABB 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 BABB
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Binance Coin
BNB
|
-0.32632193 |
details, prediction |
TRON
TRX
|
-0.26443547 |
details, prediction |
KuCoin Shares
KCS
|
-0.15656139 |
details, prediction |
Dogecoin
DOGE
|
-0.081361815 |
details, prediction |
ZCash
ZEC
|
-0.052701913 |
details, prediction |
|
Second tier
|
True USD
TUSD
|
-0.26618108 |
details, prediction |
Dai
DAI
|
-0.23044811 |
details, prediction |
Zilliqa
ZIL
|
-0.11390016 |
details, prediction |
Ardor
ARDR
|
-0.0094626425 |
details, prediction |
Status
SNT
|
0.0034111314 |
details, prediction |
|
Third tier
|
Constellation
DAG
|
-0.38898012 |
details, prediction |
HEROcoin
PLAY
|
-0.3315046 |
details, prediction |
NKN
NKN
|
-0.26136002 |
details, prediction |
Ontology
ONT
|
-0.21671137 |
details, prediction |
BOScoin
BOS
|
-0.12808079 |
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)