Chainlink (LINK)

Current price: $ 1.82

24 hours price change: $ -0.02 (-0.98%)

Daily analysis of Chainlink (LINK) - 1 year

The performance of Chainlink regarding the price differs every day. To make the best decision to buy Chainlink, we are analysis in this article the performance of Chainlink on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 year, starting on September 23rd, 2018 to September 22nd, 2019.

In the barchart below, the weekdays and average performance of Chainlink are shown side by side.

Average daily change in price of Chainlink per weekday between 09/23/2018 and 09/22/2019.

According to the performance of Chainlink between September 23rd, 2018 and September 22nd, 2019, Chainlink performed the best on Mondays. On average, the price of Chainlink increased 1.50% on Monday.

The weekday on which the Chainlink performed the worst, is Saturday. On Saturdays, the Chainlink declined in value on average by -0.43%.

Chainlink weekday performance

Historical performance on Sunday do not show an increase in value of the Chainlink on which a prediction can be made. The Chainlink increased in value on average on an average Sunday with 0.60%. However, the uncertainty of this increase is high. The expected change in value of the Chainlink on a Sunday is between -3.61% and 4.81% (see also the table below).

On an average Monday the Chainlink shows an increase in value of 1.50%. However, the change of Chainlink on most of the Mondays is between -3.37% and 6.37%. Therefore it is hard to tell whether an average Monday is a good day to start buying Chainlinks.

On an average Tuesday, the Chainlink increased 0.50%. However, since the expected deviation is 4.26%, the Chainlink will decline in value on a Tuesday quiet regularly. The expected price change of the Chainlink on a Tuesday is between -3.75% and 4.76%.

Historical performance on Wednesday do not show an increase in value of the Chainlink on which a prediction can be made. The Chainlink increased in value on average on an average Wednesday with 0.94%. However, the uncertainty of this increase is high. The expected change in value of the Chainlink on a Wednesday is between -3.25% and 5.12% (see also the table below).

On an average Thursday, the Chainlink increased 0.34%. However, since the expected deviation is 5.17%, the Chainlink will decline in value on a Thursday quiet regularly. The expected price change of the Chainlink on a Thursday is between -4.83% and 5.50%.

It is hard to tell whether the Chainlink will increase or decrease in value on an average Friday. The average change on a Friday for the Chainlink is -0.07%. However, the standard deviation on this weekday is 5.05%. This means that on most Fridays, the change in value of the Chainlink is between -5.11% and 4.98%.

Allthough the Chainlink decreases in value with -0.43% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Chainlink on Saturdays is 3.98%. This means that the expected change of the value of Chainlink is between -4.40% and 3.55% on 68 out of 100 Saturdays.

Chainlink weekday performance details

Find below the details of the performance of Chainlink per day of the week. Both the average change in percentage and the standard deviation. The higher the standard deviation is, the higher the variation within the range of average change. Therefore, the 68% range has been added, which represents the change in price on 68% of the days.

Weekday Average change (%) Standard deviation (%) 68% range
Sunday 0.60% 4.21% -3.61% to 4.81%
Monday 1.50% 4.87% -3.37% to 6.37%
Tuesday 0.50% 4.26% -3.75% to 4.76%
Wednesday 0.94% 4.18% -3.25% to 5.12%
Thursday 0.34% 5.17% -4.83% to 5.50%
Friday -0.07% 5.05% -5.11% to 4.98%
Saturday -0.43% 3.98% -4.40% to 3.55%