Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
USD//Coin
USDC
|
0.757818 |
details, prediction |
Fantom
FTM
|
0.68629235 |
details, prediction |
SONM
SNM
|
0.5876484 |
details, prediction |
Chiliz
CHZ
|
0.37742838 |
details, prediction |
Vechain
VET
|
0.28213704 |
details, prediction |
Second tier
|
FirstBlood
1ST
|
0.8050542 |
details, prediction |
True USD
TUSD
|
0.75176966 |
details, prediction |
Paxos Standard
PAX
|
0.7444852 |
details, prediction |
Synthetix Network Token
SNX
|
0.7273757 |
details, prediction |
XYO Network
XYO
|
0.72150993 |
details, prediction |
Third tier
|
Credit Tag Chain
CTC
|
0.90235406 |
details, prediction |
Darico
DEC
|
0.85211354 |
details, prediction |
Platincoin
PLC
|
0.80408007 |
details, prediction |
THEKEY
TKY
|
0.80221 |
details, prediction |
GAPS
GAP
|
0.790956 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that GoNetwork 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 GoNetwork
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
Ethereum Classic
ETC
|
-0.5925493 |
details, prediction |
Bitcoin SV
BSV
|
-0.5697551 |
details, prediction |
Bitcoin Cash
BCH
|
-0.5553305 |
details, prediction |
Bitcoin
BTC
|
-0.55091095 |
details, prediction |
Crypto.com Chain
CRO
|
-0.55006117 |
details, prediction |
Second tier
|
HedgeTrade
HEDG
|
-0.74470127 |
details, prediction |
FTX Token
FTT
|
-0.68239313 |
details, prediction |
SwissBorg
CHSB
|
-0.65853184 |
details, prediction |
Horizen
ZEN
|
-0.6540578 |
details, prediction |
Digix DAO
DGD
|
-0.54617393 |
details, prediction |
Third tier
|
Ecoreal Estate
ECOREAL
|
-0.70664585 |
details, prediction |
Lamden Tau
TAU
|
-0.69304496 |
details, prediction |
Peculium
PCL
|
-0.68786854 |
details, prediction |
GoChain
GO
|
-0.6405543 |
details, prediction |
BURST
BURST
|
-0.637711 |
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)