Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Ethereum Classic
ETC
|
0.94970256 |
details, prediction |
Stellar
XLM
|
0.9480896 |
details, prediction |
Bitcoin Cash
BCH
|
0.9378069 |
details, prediction |
Litecoin
LTC
|
0.92825484 |
details, prediction |
Cardano
ADA
|
0.92653674 |
details, prediction |
|
Second tier
|
Basic Attention Token
BAT
|
0.9730134 |
details, prediction |
DASH
DASH
|
0.9703411 |
details, prediction |
FTX Token
FTT
|
0.95813966 |
details, prediction |
iEx.ec
RLC
|
0.9448202 |
details, prediction |
Decentraland
MANA
|
0.941185 |
details, prediction |
|
Third tier
|
Kyber Network
KNC
|
0.9677766 |
details, prediction |
Storj
STORJ
|
0.966697 |
details, prediction |
Civic
CVC
|
0.9585646 |
details, prediction |
ICON
ICX
|
0.95604 |
details, prediction |
PIVX
PIVX
|
0.9552605 |
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
|
TRON
TRX
|
-0.48539668 |
details, prediction |
UNUS SED LEO
LEO
|
0.0317523 |
details, prediction |
Binance Coin
BNB
|
0.4490932 |
details, prediction |
Dogecoin
DOGE
|
0.565603 |
details, prediction |
XRP
XRP
|
0.71882707 |
details, prediction |
|
Second tier
|
Decred
DCR
|
-0.62606895 |
details, prediction |
Dai
DAI
|
-0.43228707 |
details, prediction |
True USD
TUSD
|
0.1633036 |
details, prediction |
Verge
XVG
|
0.24133323 |
details, prediction |
Zilliqa
ZIL
|
0.5061414 |
details, prediction |
|
Third tier
|
Dent
DENT
|
-0.27928767 |
details, prediction |
HEROcoin
PLAY
|
0.046710197 |
details, prediction |
BABB
BAX
|
0.049221057 |
details, prediction |
Constellation
DAG
|
0.11244333 |
details, prediction |
Propy
PRO
|
0.13947323 |
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)