Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Binance Coin
BNB
|
0.5473481 |
details, prediction |
Dogecoin
DOGE
|
0.49411768 |
details, prediction |
ZCash
ZEC
|
0.45422196 |
details, prediction |
TRON
TRX
|
0.45169747 |
details, prediction |
Monero
XMR
|
0.38341832 |
details, prediction |
|
Second tier
|
DASH
DASH
|
0.7055126 |
details, prediction |
Telcoin
TEL
|
0.685362 |
details, prediction |
Cosmos
ATOM
|
0.6517029 |
details, prediction |
FTX Token
FTT
|
0.49236828 |
details, prediction |
Dai
DAI
|
0.47600365 |
details, prediction |
|
Third tier
|
Stox
STX
|
0.52069026 |
details, prediction |
Wanchain
WAN
|
0.4957137 |
details, prediction |
Elastos
ELA
|
0.37693888 |
details, prediction |
Kyber Network
KNC
|
0.3654568 |
details, prediction |
SwftCoin
SWFTC
|
0.3532657 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that OriginTrail 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 OriginTrail
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Ethereum
ETH
|
-0.036333244 |
details, prediction |
Bitcoin Cash
BCH
|
-0.006764496 |
details, prediction |
KuCoin Shares
KCS
|
0.05278918 |
details, prediction |
Litecoin
LTC
|
0.096362226 |
details, prediction |
Stellar
XLM
|
0.14543998 |
details, prediction |
|
Second tier
|
True USD
TUSD
|
-0.61442065 |
details, prediction |
Bitcoin SV
BSV
|
-0.22183 |
details, prediction |
HoloToken
HOT
|
-0.16860321 |
details, prediction |
USD//Coin
USDC
|
-0.06831914 |
details, prediction |
Bitcoin Gold
BTG
|
-8.0085825E-4 |
details, prediction |
|
Third tier
|
SysCoin
SYS
|
-0.6934869 |
details, prediction |
NKN
NKN
|
-0.5968948 |
details, prediction |
Propy
PRO
|
-0.58329266 |
details, prediction |
Phantasma
SOUL
|
-0.39230576 |
details, prediction |
Matrix AI Network
MAN
|
-0.33672574 |
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)