Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Litecoin
LTC
|
0.9021153 |
details, prediction |
Ethereum
ETH
|
0.8985852 |
details, prediction |
Bitcoin Cash
BCH
|
0.88562375 |
details, prediction |
ChainLink
LINK
|
0.8785934 |
details, prediction |
Bitcoin
BTC
|
0.8731275 |
details, prediction |
|
Second tier
|
Decentraland
MANA
|
0.8792366 |
details, prediction |
0x
ZRX
|
0.8757704 |
details, prediction |
Bitcoin SV
BSV
|
0.86847085 |
details, prediction |
Decred
DCR
|
0.8622401 |
details, prediction |
Vechain
VET
|
0.86221576 |
details, prediction |
|
Third tier
|
Hydro Protocol
HOT
|
0.97828096 |
details, prediction |
SysCoin
SYS
|
0.9042028 |
details, prediction |
Bancor
BNT
|
0.8403459 |
details, prediction |
Constellation
DAG
|
0.8101131 |
details, prediction |
Dero
DERO
|
0.79753405 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that HoloToken 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 HoloToken
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Stellar
XLM
|
-0.4301946 |
details, prediction |
TRON
TRX
|
0.43080625 |
details, prediction |
KuCoin Shares
KCS
|
0.5826165 |
details, prediction |
Binance Coin
BNB
|
0.6112936 |
details, prediction |
Monero
XMR
|
0.64735705 |
details, prediction |
|
Second tier
|
Dai
DAI
|
-0.861523 |
details, prediction |
USD//Coin
USDC
|
-0.6693901 |
details, prediction |
True USD
TUSD
|
-0.15664789 |
details, prediction |
OriginTrail
TRAC
|
0.1691334 |
details, prediction |
Telcoin
TEL
|
0.22088324 |
details, prediction |
|
Third tier
|
BABB
BAX
|
-0.34883276 |
details, prediction |
OPEN Platform
OPEN
|
-0.32177964 |
details, prediction |
Propy
PRO
|
0.1606503 |
details, prediction |
SingularityNET
AGI
|
0.20076154 |
details, prediction |
Achain
ACT
|
0.20370898 |
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)