Ethereum Classic (ETC)

Current price: $ 5.48

24 hours price change: $ -0.62 (-10.16%)

Daily analysis of Ethereum Classic (ETC) - 6 months

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 6 months, starting on October 24th, 2018 to April 22nd, 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 10/24/2018 and 04/22/2019.

According to the performance of Ethereum Classic between October 24th, 2018 and April 22nd, 2019, Ethereum Classic performed the best on Wednesdays. On average, the price of Ethereum Classic increased 1.26% on Wednesday.

The weekday on which the Ethereum Classic performed the worst, is Monday. On Mondays, the Ethereum Classic declined in value on average by -2.61%.

Ethereum Classic weekday performance

On an average Sunday the Ethereum Classic shows an increase in value of 1.23%. However, the change of Ethereum Classic on most of the Sundays is between -6.70% and 9.17%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Ethereum Classics.

The Ethereum Classic declines in value on an average Monday with -2.61%. However, the uncertainty (or standard deviation) is quite large, namely 5.97%. This means that it is not possible to say whether on a regular Monday the Ethereum Classic will increase or decrease in value.

On an average Tuesday, the Ethereum Classic increased 0.31%. However, since the expected deviation is 3.95%, the Ethereum Classic will decline in value on a Tuesday quiet regularly. The expected price change of the Ethereum Classic on a Tuesday is between -3.64% and 4.25%.

On an average Wednesday the Ethereum Classic shows an increase in value of 1.26%. However, the change of Ethereum Classic on most of the Wednesdays is between -3.95% and 6.48%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Ethereum Classics.

The Ethereum Classic declines in value on an average Thursday with -2.01%. However, the uncertainty (or standard deviation) is quite large, namely 5.17%. This means that it is not possible to say whether on a regular Thursday the Ethereum Classic will increase or decrease in value.

Historical performance on Friday 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 Friday with 0.88%. However, the uncertainty of this increase is high. The expected change in value of the Ethereum Classic on a Friday is between -3.13% and 4.89% (see also the table below).

It is hard to tell whether the Ethereum Classic will increase or decrease in value on an average Saturday. The average change on a Saturday for the Ethereum Classic is 0.00%. However, the standard deviation on this weekday is 2.54%. This means that on most Saturdays, the change in value of the Ethereum Classic is between -2.55% and 2.54%.

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
Sunday1.23%7.94%-6.70% to 9.17%
Monday-2.61%5.97%-8.59% to 3.36%
Tuesday0.31%3.95%-3.64% to 4.25%
Wednesday1.26%5.22%-3.95% to 6.48%
Thursday-2.01%5.17%-7.18% to 3.16%
Friday0.88%4.01%-3.13% to 4.89%
Saturday0.00%2.54%-2.55% to 2.54%