Ethereum Classic (ETC)

Current price: $ 3.87

24 hours price change: $ 0.16 (4.31%)

Daily analysis of Ethereum Classic (ETC) - 1 month

The performance of Ethereum Classic regarding the price differs every day. To make the best decision to buy Ethereum Classic, we are analysis in this article the performance of Ethereum Classic on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on November 12th, 2018 to December 11th, 2018.

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

Average daily change in price of Ethereum Classic per weekday between 11/12/2018 and 12/11/2018.

According to the performance of Ethereum Classic between November 12th, 2018 and December 11th, 2018, Ethereum Classic performed the best on Sundays. On average, the price of Ethereum Classic increased 2.42% on Sunday.

The weekday on which the Ethereum Classic performed the worst, is Monday. On Mondays, the Ethereum Classic declined in value on average by -8.25%.

Ethereum Classic weekday performance

On an average Sunday the Ethereum Classic shows an increase in value of 2.42%. However, the change of Ethereum Classic on most of the Sundays is between -0.06% and 4.89%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Ethereum Classics.

The decrease in value of the Ethereum Classic is -8.25% on an average Monday. The uncertainty of the average change is high for the Ethereum Classic on Mondays. This means that it is hard to tell whether the Ethereum Classic will decrease or increase in value on an average Monday. If we look at the 68% range of the Ethereum Classic, we see that on 68% of the Mondays, the expected change of the Ethereum Classic is between -14.74% and -1.76%.

The Ethereum Classic declines in value on an average Tuesday with -2.37%. However, the uncertainty (or standard deviation) is quite large, namely 4.51%. This means that it is not possible to say whether on a regular Tuesday the Ethereum Classic will increase or decrease in value.

The Ethereum Classic declines in value on an average Wednesday with -1.77%. However, the uncertainty (or standard deviation) is quite large, namely 8.89%. This means that it is not possible to say whether on a regular Wednesday the Ethereum Classic will increase or decrease in value.

The decrease in value of the Ethereum Classic is -6.24% on an average Thursday. The uncertainty of the average change is high for the Ethereum Classic on Thursdays. This means that it is hard to tell whether the Ethereum Classic will decrease or increase in value on an average Thursday. If we look at the 68% range of the Ethereum Classic, we see that on 68% of the Thursdays, the expected change of the Ethereum Classic is between -10.87% and -1.61%.

On Fridays, the Ethereum Classic decreases in value on average with -0.87%. On most of the Fridays the Ethereum Classic decreases in value between -6.57% and 4.82%. The uncertainty (5.70%) is higher than the average decline percentage (-0.87%). Therefore, expected range of price changes of the Ethereum Classic on Fridays is large.

On Saturdays, the Ethereum Classic decreases in value on average with -0.80%. On most of the Saturdays the Ethereum Classic decreases in value between -5.57% and 3.98%. The uncertainty (4.77%) is higher than the average decline percentage (-0.80%). Therefore, expected range of price changes of the Ethereum Classic on Saturdays is large.

Ethereum Classic weekday performance details

Find below the details of the performance of Ethereum Classic 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.

WeekdayAverage change (%)Standard deviation (%)68% range
Sunday2.42%2.47%-0.06% to 4.89%
Monday-8.25%6.49%-14.74% to -1.76%
Tuesday-2.37%4.51%-6.88% to 2.15%
Wednesday-1.77%8.89%-10.66% to 7.11%
Thursday-6.24%4.63%-10.87% to -1.61%
Friday-0.87%5.70%-6.57% to 4.82%
Saturday-0.80%4.77%-5.57% to 3.98%