Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Bitcoin Cash
BCH
|
0.92105365 |
details, prediction |
KuCoin Shares
KCS
|
0.91723406 |
details, prediction |
ZCash
ZEC
|
0.9025531 |
details, prediction |
Ethereum Classic
ETC
|
0.9000285 |
details, prediction |
Cardano
ADA
|
0.8894644 |
details, prediction |
|
Second tier
|
Bitcoin Gold
BTG
|
0.9933435 |
details, prediction |
Status
SNT
|
0.98833317 |
details, prediction |
Siacoin
SC
|
0.9872033 |
details, prediction |
QTUM
QTUM
|
0.98429865 |
details, prediction |
Request Network
REQ
|
0.98137283 |
details, prediction |
|
Third tier
|
IoTeX
IOTX
|
0.9917447 |
details, prediction |
Internet of Services
IOST
|
0.9911693 |
details, prediction |
ICON
ICX
|
0.9893933 |
details, prediction |
Kleros
PNK
|
0.9812246 |
details, prediction |
Loopring
LRC
|
0.977419 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Theta Fuel 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 Theta Fuel
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
TRON
TRX
|
-0.54449075 |
details, prediction |
UNUS SED LEO
LEO
|
0.11372649 |
details, prediction |
Binance Coin
BNB
|
0.5383098 |
details, prediction |
Dogecoin
DOGE
|
0.7077252 |
details, prediction |
Stellar
XLM
|
0.7293798 |
details, prediction |
|
Second tier
|
Decred
DCR
|
-0.5899922 |
details, prediction |
Dai
DAI
|
-0.25640273 |
details, prediction |
True USD
TUSD
|
0.31638113 |
details, prediction |
Verge
XVG
|
0.34262463 |
details, prediction |
Nexo
NEXO
|
0.37112015 |
details, prediction |
|
Third tier
|
Dent
DENT
|
-0.37727657 |
details, prediction |
Propy
PRO
|
-0.025696099 |
details, prediction |
BABB
BAX
|
0.07893158 |
details, prediction |
FunFair
FUN
|
0.2607944 |
details, prediction |
OPEN Platform
OPEN
|
0.27948615 |
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)