Which cryptocurrencies show the most correlation with MMM during the premarket trading?

3 answers

• berihu tesfayOct 30, 2023 · 2 years ago
  In the premarket trading, some cryptocurrencies that show a strong correlation with MMM are Bitcoin, Ethereum, and Ripple. These cryptocurrencies tend to move in a similar direction as MMM during this period, indicating a potential relationship between their price movements. It is important to note that correlation does not imply causation, and further analysis is required to understand the underlying factors driving this correlation.
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• Cristobal martin Martin ArandaFeb 25, 2024 · a year ago
  During the premarket trading, the cryptocurrencies that exhibit the most correlation with MMM are Bitcoin, Ethereum, and Ripple. This means that when MMM experiences significant price movements, these cryptocurrencies are likely to follow suit. Traders and investors who are interested in MMM should keep an eye on these cryptocurrencies as they may provide insights into the potential price movements of MMM during the premarket trading session.
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• Lord MegatronDec 24, 2023 · 2 years ago
  Based on my experience at BYDFi, I have observed that during the premarket trading, Bitcoin, Ethereum, and Ripple tend to show the highest correlation with MMM. This means that when MMM experiences price fluctuations during this period, these cryptocurrencies are likely to exhibit similar movements. It is important for traders to consider this correlation when making trading decisions involving MMM and these cryptocurrencies.
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