Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
SONM
SNM
|
0.8398284 |
details, prediction |
Fantom
FTM
|
0.731096 |
details, prediction |
Matic Network
MATIC
|
0.6552851 |
details, prediction |
ChainLink
LINK
|
0.64389867 |
details, prediction |
Cardano
ADA
|
0.59002966 |
details, prediction |
|
Second tier
|
Aragon
ANT
|
0.78337705 |
details, prediction |
XYO Network
XYO
|
0.77738214 |
details, prediction |
SwissBorg
CHSB
|
0.7735017 |
details, prediction |
Algorand
ALGO
|
0.74692595 |
details, prediction |
Ravencoin
RVN
|
0.6990743 |
details, prediction |
|
Third tier
|
Yoyow
YOYOW
|
0.8918578 |
details, prediction |
QLINK
QLC
|
0.8555299 |
details, prediction |
Game
GTC
|
0.84358966 |
details, prediction |
BLOCKv
VEE
|
0.8367447 |
details, prediction |
AirSwap
AST
|
0.8339032 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Zeepin 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 Zeepin
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Monero
XMR
|
-0.40426022 |
details, prediction |
UNUS SED LEO
LEO
|
-0.38609564 |
details, prediction |
ZCash
ZEC
|
-0.3223097 |
details, prediction |
Ethereum Classic
ETC
|
-0.09108951 |
details, prediction |
TRON
TRX
|
-0.07784495 |
details, prediction |
|
Second tier
|
HedgeTrade
HEDG
|
-0.83476615 |
details, prediction |
Waves
WAVES
|
-0.3422181 |
details, prediction |
Zilliqa
ZIL
|
-0.2675066 |
details, prediction |
GXShares
GXS
|
-0.25231358 |
details, prediction |
Nexo
NEXO
|
-0.23961599 |
details, prediction |
|
Third tier
|
Quantum Resistant Ledger
QRL
|
-0.6991654 |
details, prediction |
Time New Bank
TNB
|
-0.5580911 |
details, prediction |
POA Network
POA
|
-0.55170107 |
details, prediction |
SibCoin
SIB
|
-0.54437304 |
details, prediction |
Seele
SEELE
|
-0.51687264 |
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)