Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Binance Coin
BNB
|
0.87661123 |
details, prediction |
Ethereum Classic
ETC
|
0.8755342 |
details, prediction |
Litecoin
LTC
|
0.86894244 |
details, prediction |
Dogecoin
DOGE
|
0.8629438 |
details, prediction |
Cardano
ADA
|
0.8560651 |
details, prediction |
|
Second tier
|
Verge
XVG
|
0.8983628 |
details, prediction |
Vechain
VET
|
0.8901169 |
details, prediction |
aelf
ELF
|
0.8891881 |
details, prediction |
Loopring
LRC
|
0.8881431 |
details, prediction |
Siacoin
SC
|
0.8878969 |
details, prediction |
|
Third tier
|
Aurora DAO
AURA
|
0.90554464 |
details, prediction |
Gamecredits
GAME
|
0.9045236 |
details, prediction |
SpankChain
SPANK
|
0.89761204 |
details, prediction |
ICON
ICX
|
0.8966122 |
details, prediction |
Asia Coin
AC
|
0.89631045 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that C2C System 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 C2C System
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
ChainLink
LINK
|
0.33088085 |
details, prediction |
Fantom
FTM
|
0.60337454 |
details, prediction |
XRP
XRP
|
0.65790385 |
details, prediction |
TRON
TRX
|
0.6702514 |
details, prediction |
Stellar
XLM
|
0.73196137 |
details, prediction |
|
Second tier
|
XYO Network
XYO
|
-0.42648286 |
details, prediction |
Dai
DAI
|
-0.39995837 |
details, prediction |
Waves
WAVES
|
-0.31205878 |
details, prediction |
Paxos Standard
PAX
|
-0.12423669 |
details, prediction |
USD//Coin
USDC
|
-0.121620245 |
details, prediction |
|
Third tier
|
CWV Chain
CWV
|
-0.8379655 |
details, prediction |
Factom
FCT
|
-0.81552917 |
details, prediction |
Chainium
CHX
|
-0.6574477 |
details, prediction |
ODEM
ODEM
|
-0.6294535 |
details, prediction |
BitcoinPlus
XBC
|
-0.61094785 |
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)