Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
ChainLink
LINK
|
0.5393994 |
details, prediction |
Cardano
ADA
|
0.5032473 |
details, prediction |
XRP
XRP
|
0.4877873 |
details, prediction |
Bitcoin
BTC
|
0.47776613 |
details, prediction |
Stellar
XLM
|
0.46748295 |
details, prediction |
|
Second tier
|
FTX Token
FTT
|
0.5364021 |
details, prediction |
Synthetix Network Token
SNX
|
0.5219956 |
details, prediction |
Vechain
VET
|
0.50700366 |
details, prediction |
Nano
NANO
|
0.5051997 |
details, prediction |
NEO
NEO
|
0.49740484 |
details, prediction |
|
Third tier
|
Yggdrash
YEED
|
0.6070942 |
details, prediction |
FedoraCoin
TIPS
|
0.52402633 |
details, prediction |
Grin
GRIN
|
0.5180808 |
details, prediction |
Nucleus Vision
NCASH
|
0.50308114 |
details, prediction |
BitKan
KAN
|
0.5009065 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that NoLimitCoin 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 NoLimitCoin
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
UNUS SED LEO
LEO
|
-0.39546484 |
details, prediction |
Matic Network
MATIC
|
-0.37274155 |
details, prediction |
Crypto.com Chain
CRO
|
-0.3499795 |
details, prediction |
KuCoin Shares
KCS
|
-0.19575727 |
details, prediction |
ZCash
ZEC
|
-1.9209493E-4 |
details, prediction |
|
Second tier
|
Request Network
REQ
|
-0.5896224 |
details, prediction |
True USD
TUSD
|
-0.4874003 |
details, prediction |
USD//Coin
USDC
|
-0.4569349 |
details, prediction |
Cortex
CTXC
|
-0.42344704 |
details, prediction |
GXShares
GXS
|
-0.41396174 |
details, prediction |
|
Third tier
|
Bread
BRD
|
-0.5137053 |
details, prediction |
Particl
PART
|
-0.49601248 |
details, prediction |
Agoras Token
AGRS
|
-0.48237064 |
details, prediction |
GlitzKoin
GTN
|
-0.4695101 |
details, prediction |
SysCoin
SYS
|
-0.43949574 |
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)