Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Crypto.com Chain
CRO
|
0.83110356 |
details, prediction |
Bitcoin Cash
BCH
|
0.80005634 |
details, prediction |
Cardano
ADA
|
0.72111136 |
details, prediction |
Ethereum Classic
ETC
|
0.6107062 |
details, prediction |
XRP
XRP
|
0.6091785 |
details, prediction |
|
Second tier
|
Bitcoin Gold
BTG
|
0.85817415 |
details, prediction |
Verge
XVG
|
0.83616495 |
details, prediction |
Siacoin
SC
|
0.83192766 |
details, prediction |
Telcoin
TEL
|
0.82732034 |
details, prediction |
Waves
WAVES
|
0.8188698 |
details, prediction |
|
Third tier
|
Stox
STX
|
0.89202183 |
details, prediction |
SysCoin
SYS
|
0.8348122 |
details, prediction |
Komodo
KMD
|
0.83077234 |
details, prediction |
Dero
DERO
|
0.8233325 |
details, prediction |
PIVX
PIVX
|
0.8067301 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Constellation 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 Constellation
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
TRON
TRX
|
-0.71195495 |
details, prediction |
ZCash
ZEC
|
-0.30530995 |
details, prediction |
Ethereum
ETH
|
-0.007852441 |
details, prediction |
Bitcoin
BTC
|
-0.0073988284 |
details, prediction |
Monero
XMR
|
0.22246657 |
details, prediction |
|
Second tier
|
Nexo
NEXO
|
-0.73659503 |
details, prediction |
Algorand
ALGO
|
-0.2560261 |
details, prediction |
Bitcoin SV
BSV
|
-0.22412948 |
details, prediction |
HoloToken
HOT
|
-0.21644408 |
details, prediction |
Chiliz
CHZ
|
-0.06172795 |
details, prediction |
|
Third tier
|
OPEN Platform
OPEN
|
-0.6680511 |
details, prediction |
Enjin Coin
ENJ
|
-0.57969666 |
details, prediction |
Ontology
ONT
|
-0.49128792 |
details, prediction |
V Systems
VSYS
|
-0.3965938 |
details, prediction |
Kambria
KAT
|
-0.3481361 |
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)