Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Cardano
ADA
|
0.83723277 |
details, prediction |
Dogecoin
DOGE
|
0.6939919 |
details, prediction |
Monero
XMR
|
0.6723882 |
details, prediction |
Ethereum Classic
ETC
|
0.63452405 |
details, prediction |
Bitcoin Cash
BCH
|
0.5125369 |
details, prediction |
|
Second tier
|
Waves
WAVES
|
0.9021318 |
details, prediction |
Decred
DCR
|
0.8102707 |
details, prediction |
aelf
ELF
|
0.7609431 |
details, prediction |
Synthetix Network Token
SNX
|
0.7579809 |
details, prediction |
Quant Network
QNT
|
0.7506966 |
details, prediction |
|
Third tier
|
NovaCoin
NVC
|
0.9834987 |
details, prediction |
Genesis Vision
GVT
|
0.9623748 |
details, prediction |
SpaceChain
SPC
|
0.93294024 |
details, prediction |
LockChain
LOC
|
0.9328408 |
details, prediction |
BlackCoin
BLK
|
0.8995003 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Agrello 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 Agrello
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
KuCoin Shares
KCS
|
-0.931103 |
details, prediction |
Binance Coin
BNB
|
-0.8678511 |
details, prediction |
Crypto.com Chain
CRO
|
-0.8561729 |
details, prediction |
Ethereum
ETH
|
-0.75434554 |
details, prediction |
ZCash
ZEC
|
-0.7509961 |
details, prediction |
|
Second tier
|
Loopring
LRC
|
-0.92963254 |
details, prediction |
Decentraland
MANA
|
-0.92841184 |
details, prediction |
OriginTrail
TRAC
|
-0.8899447 |
details, prediction |
Basic Attention Token
BAT
|
-0.8099914 |
details, prediction |
Nexo
NEXO
|
-0.7949825 |
details, prediction |
|
Third tier
|
Bitbook Gambling
BXK
|
-0.9059931 |
details, prediction |
Phantasma
SOUL
|
-0.88698053 |
details, prediction |
Enjin Coin
ENJ
|
-0.8744684 |
details, prediction |
Gamecredits
GAME
|
-0.85203266 |
details, prediction |
WAX
WAX
|
-0.8405056 |
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)