Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Crypto.com Chain
CRO
|
0.8907956 |
details, prediction |
Cardano
ADA
|
0.8808874 |
details, prediction |
Bitcoin Cash
BCH
|
0.85437095 |
details, prediction |
XRP
XRP
|
0.7398817 |
details, prediction |
Binance Coin
BNB
|
0.73210657 |
details, prediction |
|
Second tier
|
Bitcoin Gold
BTG
|
0.952921 |
details, prediction |
Theta Fuel
TFUEL
|
0.94463366 |
details, prediction |
Telcoin
TEL
|
0.94456375 |
details, prediction |
Siacoin
SC
|
0.9390348 |
details, prediction |
IOTA
IOT
|
0.93013775 |
details, prediction |
|
Third tier
|
PIVX
PIVX
|
0.96951467 |
details, prediction |
Loopring
LRC
|
0.9568412 |
details, prediction |
SingularityNET
AGI
|
0.95080453 |
details, prediction |
Komodo
KMD
|
0.9423622 |
details, prediction |
IoTeX
IOTX
|
0.9391589 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that SysCoin 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 SysCoin
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
TRON
TRX
|
-0.79636776 |
details, prediction |
ZCash
ZEC
|
-0.3782933 |
details, prediction |
UNUS SED LEO
LEO
|
-0.11513577 |
details, prediction |
Bitcoin
BTC
|
-0.06716296 |
details, prediction |
Ethereum
ETH
|
-0.015625797 |
details, prediction |
|
Second tier
|
Nexo
NEXO
|
-0.5684885 |
details, prediction |
Algorand
ALGO
|
-0.3519113 |
details, prediction |
Bitcoin SV
BSV
|
-0.24762692 |
details, prediction |
HoloToken
HOT
|
-0.21200241 |
details, prediction |
Decred
DCR
|
0.075283416 |
details, prediction |
|
Third tier
|
OPEN Platform
OPEN
|
-0.62418354 |
details, prediction |
Ontology
ONT
|
-0.55037963 |
details, prediction |
Enjin Coin
ENJ
|
-0.53899425 |
details, prediction |
Kambria
KAT
|
-0.46925202 |
details, prediction |
V Systems
VSYS
|
-0.44964695 |
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)