Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Bitcoin Cash
BCH
|
0.67048734 |
details, prediction |
KuCoin Shares
KCS
|
0.25081775 |
details, prediction |
Litecoin
LTC
|
0.06206759 |
details, prediction |
Stellar
XLM
|
0.053784873 |
details, prediction |
Crypto.com Chain
CRO
|
0.020479158 |
details, prediction |
|
Second tier
|
aelf
ELF
|
0.6343951 |
details, prediction |
USD//Coin
USDC
|
0.43133947 |
details, prediction |
Ravencoin
RVN
|
0.43122253 |
details, prediction |
Waves
WAVES
|
0.37869272 |
details, prediction |
Vechain
VET
|
0.37668848 |
details, prediction |
|
Third tier
|
LAToken
LA
|
0.921412 |
details, prediction |
SysCoin
SYS
|
0.66646785 |
details, prediction |
Ontology
ONT
|
0.6590423 |
details, prediction |
SingularityNET
AGI
|
0.6396143 |
details, prediction |
Gas
GAS
|
0.6224568 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Phantasma 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 Phantasma
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Monero
XMR
|
-0.7768459 |
details, prediction |
ZCash
ZEC
|
-0.69339967 |
details, prediction |
Binance Coin
BNB
|
-0.65689534 |
details, prediction |
Bitcoin
BTC
|
-0.5856118 |
details, prediction |
Ethereum Classic
ETC
|
-0.5805822 |
details, prediction |
|
Second tier
|
Cosmos
ATOM
|
-0.7922461 |
details, prediction |
DASH
DASH
|
-0.7308044 |
details, prediction |
OriginTrail
TRAC
|
-0.7152638 |
details, prediction |
Telcoin
TEL
|
-0.67577606 |
details, prediction |
Synthetix Network Token
SNX
|
-0.60035396 |
details, prediction |
|
Third tier
|
Loopring
LRC
|
-0.8262409 |
details, prediction |
Chronobank
TIME
|
-0.74179566 |
details, prediction |
Bancor
BNT
|
-0.7365279 |
details, prediction |
Stox
STX
|
-0.64702755 |
details, prediction |
Storj
STORJ
|
-0.5165152 |
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)