Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Stellar
XLM
|
0.83927184 |
details, prediction |
Ethereum Classic
ETC
|
0.80459243 |
details, prediction |
Litecoin
LTC
|
0.65962017 |
details, prediction |
Bitcoin Cash
BCH
|
0.64123595 |
details, prediction |
Dogecoin
DOGE
|
0.6272225 |
details, prediction |
|
Second tier
|
Basic Attention Token
BAT
|
0.8799277 |
details, prediction |
Zilliqa
ZIL
|
0.8725739 |
details, prediction |
Crypto.com Chain
CRO
|
0.8592734 |
details, prediction |
NEO
NEO
|
0.85013384 |
details, prediction |
Tezos
XTZ
|
0.83049524 |
details, prediction |
|
Third tier
|
PIVX
PIVX
|
0.8745308 |
details, prediction |
Power Ledger
POWR
|
0.821368 |
details, prediction |
Civic
CVC
|
0.8001771 |
details, prediction |
Kyber Network
KNC
|
0.7992698 |
details, prediction |
Steem
STEEM
|
0.77563184 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Status 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 Status
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
TRON
TRX
|
0.12923375 |
details, prediction |
Monero
XMR
|
0.34794983 |
details, prediction |
Cardano
ADA
|
0.3723493 |
details, prediction |
Ethereum
ETH
|
0.41634414 |
details, prediction |
ChainLink
LINK
|
0.44304255 |
details, prediction |
|
Second tier
|
Ravencoin
RVN
|
-0.18250097 |
details, prediction |
DigiByte
DGB
|
-0.1362718 |
details, prediction |
USD//Coin
USDC
|
0.005636791 |
details, prediction |
True USD
TUSD
|
0.03886138 |
details, prediction |
aelf
ELF
|
0.28534353 |
details, prediction |
|
Third tier
|
OPEN Platform
OPEN
|
-0.64626503 |
details, prediction |
HEROcoin
PLAY
|
-0.4346847 |
details, prediction |
NKN
NKN
|
-0.34800407 |
details, prediction |
ICON
ICX
|
-0.17620322 |
details, prediction |
Matrix AI Network
MAN
|
-0.1382177 |
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)