Ethereum Classic (ETC)

Current price: $ 4.58

24 hours price change: $ -0.10 (-2.14%)

Daily analysis of Ethereum Classic (ETC) - 1 year

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 year, starting on February 20th, 2018 to February 18th, 2019.

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 02/20/2018 and 02/18/2019.

According to the performance of Ethereum Classic between February 20th, 2018 and February 18th, 2019, Ethereum Classic performed the best on Sundays. On average, the price of Ethereum Classic increased 0.65% 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 -1.37%.

Ethereum Classic weekday performance

Historical performance on Sunday do not show an increase in value of the Ethereum Classic on which a prediction can be made. The Ethereum Classic increased in value on average on an average Sunday with 0.65%. However, the uncertainty of this increase is high. The expected change in value of the Ethereum Classic on a Sunday is between -3.37% and 4.67% (see also the table below).

The Ethereum Classic declines in value on an average Monday with -1.37%. However, the uncertainty (or standard deviation) is quite large, namely 6.24%. This means that it is not possible to say whether on a regular Monday the Ethereum Classic will increase or decrease in value.

Allthough the Ethereum Classic decreases in value with -0.34% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Ethereum Classic on Tuesdays is 4.63%. This means that the expected change of the value of Ethereum Classic is between -4.97% and 4.29% on 68 out of 100 Tuesdays.

The Ethereum Classic declines in value on an average Wednesday with -1.10%. However, the uncertainty (or standard deviation) is quite large, namely 6.87%. This means that it is not possible to say whether on a regular Wednesday the Ethereum Classic will increase or decrease in value.

Allthough the Ethereum Classic decreases in value with -0.46% on an average Thursday, the uncertainty of this decline is large. The standard deviation of the change of Ethereum Classic on Thursdays is 5.73%. This means that the expected change of the value of Ethereum Classic is between -6.20% and 5.27% on 68 out of 100 Thursdays.

It is hard to tell whether the Ethereum Classic will increase or decrease in value on an average Friday. The average change on a Friday for the Ethereum Classic is -0.07%. However, the standard deviation on this weekday is 5.46%. This means that on most Fridays, the change in value of the Ethereum Classic is between -5.53% and 5.40%.

Allthough the Ethereum Classic decreases in value with -0.56% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Ethereum Classic on Saturdays is 3.37%. This means that the expected change of the value of Ethereum Classic is between -3.93% and 2.81% on 68 out of 100 Saturdays.

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
Sunday0.65%4.02%-3.37% to 4.67%
Monday-1.37%6.24%-7.62% to 4.87%
Tuesday-0.34%4.63%-4.97% to 4.29%
Wednesday-1.10%6.87%-7.97% to 5.77%
Thursday-0.46%5.73%-6.20% to 5.27%
Friday-0.07%5.46%-5.53% to 5.40%
Saturday-0.56%3.37%-3.93% to 2.81%