Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
EOS
EOS
|
0.9451806 |
details, prediction |
TRON
TRX
|
0.93357736 |
details, prediction |
IOTA
IOT
|
0.90164316 |
details, prediction |
Stellar
XLM
|
0.86326545 |
details, prediction |
DASH
DASH
|
0.8611478 |
details, prediction |
Second tier
|
QTUM
QTUM
|
0.9502635 |
details, prediction |
Bitcoin Gold
BTG
|
0.9304738 |
details, prediction |
Status
SNT
|
0.92391074 |
details, prediction |
Lisk
LSK
|
0.8973809 |
details, prediction |
Horizen
ZEN
|
0.8680043 |
details, prediction |
Third tier
|
Blockport
BPT
|
0.9162577 |
details, prediction |
0chain
ZCN
|
0.91110575 |
details, prediction |
SysCoin
SYS
|
0.8677852 |
details, prediction |
Remme
REM
|
0.847506 |
details, prediction |
Matic Network
MATIC
|
0.8468922 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Ethereum Classic 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 Ethereum Classic
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
Crypto.com Chain
CRO
|
-0.529948 |
details, prediction |
Huobi Token
HT
|
-0.018055044 |
details, prediction |
Theta
THETA
|
0.19376332 |
details, prediction |
Maker
MKR
|
0.37114736 |
details, prediction |
Binance Coin
BNB
|
0.4276504 |
details, prediction |
Second tier
|
Centrality
CENNZ
|
-0.5609867 |
details, prediction |
KuCoin Shares
KCS
|
-0.41713706 |
details, prediction |
HedgeTrade
HEDG
|
-0.41216 |
details, prediction |
CyberVein
CVT
|
-0.35248858 |
details, prediction |
GlitzKoin
GTN
|
-0.2306378 |
details, prediction |
Third tier
|
ODEM
ODEM
|
-0.9200907 |
details, prediction |
FlorinCoin
FLO
|
-0.69557 |
details, prediction |
Libra Credit
LBA
|
-0.6612284 |
details, prediction |
Kcash
KCASH
|
-0.6380963 |
details, prediction |
PolySwarm
NCT
|
-0.5973561 |
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)