Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
XRP
XRP
|
0.94915795 |
details, prediction |
Matic Network
MATIC
|
0.94802403 |
details, prediction |
Litecoin
LTC
|
0.9458048 |
details, prediction |
Theta
THETA
|
0.94409704 |
details, prediction |
Crypto.com Chain
CRO
|
0.939237 |
details, prediction |
Second tier
|
Theta Fuel
TFUEL
|
0.95693254 |
details, prediction |
Stox
STX
|
0.9492554 |
details, prediction |
ICON
ICX
|
0.9443863 |
details, prediction |
Horizen
ZEN
|
0.94285864 |
details, prediction |
Algorand
ALGO
|
0.9393773 |
details, prediction |
Third tier
|
Bancor
BNT
|
0.9466754 |
details, prediction |
Lambda
LAMB
|
0.946062 |
details, prediction |
Komodo
KMD
|
0.9457063 |
details, prediction |
Republic protocol
REN
|
0.9452556 |
details, prediction |
Egretia
EGT
|
0.94374657 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that EDUCare 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 EDUCare
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
USD//Coin
USDC
|
-0.7427269 |
details, prediction |
TRON
TRX
|
-0.67010546 |
details, prediction |
Monero
XMR
|
0.436017 |
details, prediction |
KuCoin Shares
KCS
|
0.6726571 |
details, prediction |
Ethereum Classic
ETC
|
0.798903 |
details, prediction |
Second tier
|
True USD
TUSD
|
-0.7227209 |
details, prediction |
Dai
DAI
|
-0.7160131 |
details, prediction |
Paxos Standard
PAX
|
-0.4732729 |
details, prediction |
EthLend
LEND
|
-0.4662636 |
details, prediction |
GXShares
GXS
|
0.031331297 |
details, prediction |
Third tier
|
Time New Bank
TNB
|
-0.8922202 |
details, prediction |
ILCoin
ILC
|
-0.79533225 |
details, prediction |
SunContract
SNC
|
-0.7339393 |
details, prediction |
Energi
NRG
|
-0.59184855 |
details, prediction |
FeatherCoin
FTC
|
-0.5445251 |
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)