Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Litecoin
LTC
|
0.96810895 |
details, prediction |
TRON
TRX
|
0.9572506 |
details, prediction |
Bitcoin Cash
BCH
|
0.9392738 |
details, prediction |
XRP
XRP
|
0.9391229 |
details, prediction |
Cardano
ADA
|
0.9304171 |
details, prediction |
|
Second tier
|
iEx.ec
RLC
|
0.9736162 |
details, prediction |
Request Network
REQ
|
0.97160304 |
details, prediction |
OriginTrail
TRAC
|
0.9711272 |
details, prediction |
MonaCoin
MONA
|
0.96181357 |
details, prediction |
Aragon
ANT
|
0.9615549 |
details, prediction |
|
Third tier
|
Metal
MTL
|
0.98231727 |
details, prediction |
Dragonchain
DRGN
|
0.9777429 |
details, prediction |
Switcheo Network
SWH
|
0.9766251 |
details, prediction |
Cindicator
CND
|
0.9758074 |
details, prediction |
PIVX
PIVX
|
0.9744213 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Origami Network 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 Origami Network
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
ChainLink
LINK
|
0.12134947 |
details, prediction |
Dogecoin
DOGE
|
0.15198997 |
details, prediction |
Ethereum Classic
ETC
|
0.32292894 |
details, prediction |
Bitcoin
BTC
|
0.36595085 |
details, prediction |
Stellar
XLM
|
0.5137142 |
details, prediction |
|
Second tier
|
Dai
DAI
|
-0.0379782 |
details, prediction |
Vechain
VET
|
-0.026134223 |
details, prediction |
HoloToken
HOT
|
0.20642592 |
details, prediction |
DigiByte
DGB
|
0.21844141 |
details, prediction |
Basic Attention Token
BAT
|
0.3564861 |
details, prediction |
|
Third tier
|
Docademic
MTC
|
-0.7180832 |
details, prediction |
Metaverse
ETP
|
-0.69375294 |
details, prediction |
ODEM
ODEM
|
-0.49218792 |
details, prediction |
Zilbercoin
ZBC
|
-0.4583538 |
details, prediction |
AurumCoin
AU
|
-0.44462654 |
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)