Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Stellar
XLM
|
0.7817625 |
details, prediction |
KuCoin Shares
KCS
|
0.56276745 |
details, prediction |
Ethereum Classic
ETC
|
0.27144763 |
details, prediction |
Dogecoin
DOGE
|
0.16595398 |
details, prediction |
Bitcoin Cash
BCH
|
-0.023977913 |
details, prediction |
|
Second tier
|
Telcoin
TEL
|
0.9066736 |
details, prediction |
Basic Attention Token
BAT
|
0.89324725 |
details, prediction |
Waves
WAVES
|
0.81964076 |
details, prediction |
FTX Token
FTT
|
0.74236876 |
details, prediction |
Zilliqa
ZIL
|
0.7143596 |
details, prediction |
|
Third tier
|
Enjin Coin
ENJ
|
0.9471009 |
details, prediction |
SwftCoin
SWFTC
|
0.8682055 |
details, prediction |
Kambria
KAT
|
0.8248722 |
details, prediction |
BABB
BAX
|
0.77270603 |
details, prediction |
PIVX
PIVX
|
0.7633978 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Chiliz 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 Chiliz
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Monero
XMR
|
-0.49042818 |
details, prediction |
Ethereum
ETH
|
-0.44686586 |
details, prediction |
ChainLink
LINK
|
-0.41854066 |
details, prediction |
Cardano
ADA
|
-0.4139434 |
details, prediction |
Binance Coin
BNB
|
-0.33145586 |
details, prediction |
|
Second tier
|
DigiByte
DGB
|
-0.79959977 |
details, prediction |
Decred
DCR
|
-0.48823017 |
details, prediction |
Bitcoin SV
BSV
|
-0.3526744 |
details, prediction |
HoloToken
HOT
|
-0.24659927 |
details, prediction |
Vechain
VET
|
-0.16818504 |
details, prediction |
|
Third tier
|
V Systems
VSYS
|
-0.7169547 |
details, prediction |
Constellation
DAG
|
-0.32277557 |
details, prediction |
Hydro Protocol
HOT
|
-0.28013176 |
details, prediction |
Dent
DENT
|
-0.24908085 |
details, prediction |
Bancor
BNT
|
-0.23479556 |
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)