Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
IOTA
IOT
|
0.8280237 |
details, prediction |
Tezos
XTZ
|
0.764849 |
details, prediction |
Bitcoin SV
BSV
|
0.7318956 |
details, prediction |
TRON
TRX
|
0.7304018 |
details, prediction |
Theta
THETA
|
0.72613645 |
details, prediction |
Second tier
|
aelf
ELF
|
0.8346505 |
details, prediction |
Stox
STX
|
0.8251409 |
details, prediction |
Cortex
CTXC
|
0.822454 |
details, prediction |
Ardor
ARDR
|
0.81755716 |
details, prediction |
Internet of Services
IOST
|
0.8090389 |
details, prediction |
Third tier
|
ArcBlock
ABT
|
0.8734729 |
details, prediction |
0chain
ZCN
|
0.87288237 |
details, prediction |
SwftCoin
SWFTC
|
0.870059 |
details, prediction |
Quantum Resistant Ledger
QRL
|
0.8638885 |
details, prediction |
Viberate
VIB
|
0.86118776 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that GeoCoin 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 GeoCoin
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
Matic Network
MATIC
|
-0.55900484 |
details, prediction |
Cardano
ADA
|
-0.21607399 |
details, prediction |
Ethereum Classic
ETC
|
-0.1494396 |
details, prediction |
UNUS SED LEO
LEO
|
-0.031522915 |
details, prediction |
Dogecoin
DOGE
|
0.010509017 |
details, prediction |
Second tier
|
Telcoin
TEL
|
-0.38840544 |
details, prediction |
Quant Network
QNT
|
-0.24123436 |
details, prediction |
Theta Fuel
TFUEL
|
-0.23710993 |
details, prediction |
iEx.ec
RLC
|
-0.16756365 |
details, prediction |
Dai
DAI
|
-0.09392429 |
details, prediction |
Third tier
|
Tidex Token
TDX
|
-0.6683739 |
details, prediction |
STASIS EURS
EURS
|
-0.48238337 |
details, prediction |
Chronobank
TIME
|
-0.46196768 |
details, prediction |
BLOCKv
VEE
|
-0.43709636 |
details, prediction |
PrimeCoin
XPM
|
-0.38789606 |
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)