Highly correlated currencies
Coin |
Correlation |
Links |
First tier
|
NEO
NEO
|
0.9591321 |
details, prediction |
SONM
SNM
|
0.9455875 |
details, prediction |
KuCoin Shares
KCS
|
0.9349339 |
details, prediction |
IOTA
IOT
|
0.92568004 |
details, prediction |
Theta
THETA
|
0.91401404 |
details, prediction |
Second tier
|
Ethos (Bitquence)
BQX
|
0.96316797 |
details, prediction |
OmiseGo
OMG
|
0.96120703 |
details, prediction |
Loopring
LRC
|
0.9597973 |
details, prediction |
QTUM
QTUM
|
0.9580762 |
details, prediction |
ICON
ICX
|
0.9574781 |
details, prediction |
Third tier
|
AICHAIN
AIT
|
0.97811395 |
details, prediction |
Global Social Chain
GSC
|
0.976806 |
details, prediction |
Achain
ACT
|
0.97409564 |
details, prediction |
Cardstack
CARD
|
0.9712695 |
details, prediction |
Zebi
ZCO
|
0.97045577 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Viuly 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 Viuly
Low correlated currencies
Coin |
Correlation |
Links |
First tier
|
ChainLink
LINK
|
-0.7271948 |
details, prediction |
Dogecoin
DOGE
|
-0.513447 |
details, prediction |
Vechain
VET
|
0.16479897 |
details, prediction |
Stellar
XLM
|
0.23318219 |
details, prediction |
XRP
XRP
|
0.27296114 |
details, prediction |
Second tier
|
True USD
TUSD
|
-0.8249014 |
details, prediction |
HoloToken
HOT
|
-0.6523762 |
details, prediction |
Quant Network
QNT
|
-0.36743522 |
details, prediction |
XYO Network
XYO
|
0.0026182064 |
details, prediction |
Dai
DAI
|
0.08503766 |
details, prediction |
Third tier
|
Dreamscape
DSC
|
-0.9555513 |
details, prediction |
Metaverse
ETP
|
-0.9032962 |
details, prediction |
Vitae
VITAE
|
-0.7460695 |
details, prediction |
BHPCash
BHPC
|
-0.5486534 |
details, prediction |
VIN chain
VIN
|
-0.526061 |
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)