Highly correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
Stellar
XLM
|
0.9173021 |
details, prediction |
Ethereum Classic
ETC
|
0.84155387 |
details, prediction |
Bitcoin Cash
BCH
|
0.74823844 |
details, prediction |
Dogecoin
DOGE
|
0.7186932 |
details, prediction |
KuCoin Shares
KCS
|
0.7026102 |
details, prediction |
|
Second tier
|
NEO
NEO
|
0.86859715 |
details, prediction |
Status
SNT
|
0.8592734 |
details, prediction |
Decentraland
MANA
|
0.8253468 |
details, prediction |
Tezos
XTZ
|
0.81360596 |
details, prediction |
Synthetix Network Token
SNX
|
0.79827625 |
details, prediction |
|
Third tier
|
PIVX
PIVX
|
0.8034902 |
details, prediction |
SwftCoin
SWFTC
|
0.7950845 |
details, prediction |
Hydro Protocol
HOT
|
0.7715621 |
details, prediction |
Gas
GAS
|
0.7547349 |
details, prediction |
Kyber Network
KNC
|
0.7326948 |
details, prediction |
This report should be leaned to get most info about heading trends.
It means that Crypto.com Chain 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 Crypto.com Chain
Low correlated currencies
| Coin |
Correlation |
Links |
|
First tier
|
TRON
TRX
|
0.29860818 |
details, prediction |
Monero
XMR
|
0.33298472 |
details, prediction |
Binance Coin
BNB
|
0.4859276 |
details, prediction |
Cardano
ADA
|
0.507761 |
details, prediction |
Ethereum
ETH
|
0.51030433 |
details, prediction |
|
Second tier
|
Ravencoin
RVN
|
-0.10307514 |
details, prediction |
DigiByte
DGB
|
0.049564183 |
details, prediction |
USD//Coin
USDC
|
0.054417614 |
details, prediction |
True USD
TUSD
|
0.07764859 |
details, prediction |
aelf
ELF
|
0.333216 |
details, prediction |
|
Third tier
|
OPEN Platform
OPEN
|
-0.5423948 |
details, prediction |
NKN
NKN
|
-0.32335013 |
details, prediction |
HEROcoin
PLAY
|
-0.28063226 |
details, prediction |
Matrix AI Network
MAN
|
-0.15594567 |
details, prediction |
ICON
ICX
|
-0.14707069 |
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)