Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Litecoin
LTC
|
0.91830444 |
details, prediction |
Bitcoin Cash
BCH
|
0.9181711 |
details, prediction |
Ethereum
ETH
|
0.9117907 |
details, prediction |
Cardano
ADA
|
0.9084288 |
details, prediction |
KuCoin Shares
KCS
|
0.86639965 |
details, prediction |
|
Second tier
|
HoloToken
HOT
|
0.93159753 |
details, prediction |
Tezos
XTZ
|
0.915071 |
details, prediction |
Status
SNT
|
0.91187114 |
details, prediction |
Vechain
VET
|
0.9082837 |
details, prediction |
0x
ZRX
|
0.90078694 |
details, prediction |
|
Third tier
|
Hydro Protocol
HOT
|
0.93292004 |
details, prediction |
Lisk
LSK
|
0.90391034 |
details, prediction |
Gas
GAS
|
0.89201075 |
details, prediction |
Civic
CVC
|
0.89171404 |
details, prediction |
ARK
ARK
|
0.8767814 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Bitcoin SV 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 Bitcoin SV
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Stellar
XLM
|
-0.6158503 |
details, prediction |
ZCash
ZEC
|
-0.10413519 |
details, prediction |
TRON
TRX
|
-0.046389583 |
details, prediction |
Binance Coin
BNB
|
0.45640707 |
details, prediction |
Monero
XMR
|
0.59539145 |
details, prediction |
|
Second tier
|
USD//Coin
USDC
|
-0.76656294 |
details, prediction |
Dai
DAI
|
-0.74899364 |
details, prediction |
Telcoin
TEL
|
-0.38253692 |
details, prediction |
True USD
TUSD
|
-0.37475657 |
details, prediction |
OriginTrail
TRAC
|
-0.30133626 |
details, prediction |
|
Third tier
|
FunFair
FUN
|
-0.018824032 |
details, prediction |
Komodo
KMD
|
-0.018347006 |
details, prediction |
V Systems
VSYS
|
0.021722317 |
details, prediction |
OPEN Platform
OPEN
|
0.11628978 |
details, prediction |
Chronobank
TIME
|
0.15242773 |
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)