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 3 months, starting on June 24th, 2023 to September 24th, 2023.
In the barchart below, the weekdays and average performance of Ethereum Classic are shown side by side.
According to the performance of Ethereum Classic between June 24th, 2023 and September 24th, 2023, Ethereum Classic performed the best on Fridays. On average, the price of Ethereum Classic increased 0.40% on Friday.
The weekday on which the Ethereum Classic performed the worst, is Sunday. On Sundays, the Ethereum Classic declined in value on average by -0.19%.
Ethereum Classic weekday performance
It is hard to tell whether the Ethereum Classic will increase or decrease in value on an average Sunday. The average change on a Sunday for the Ethereum Classic is -0.19%. However, the standard deviation on this weekday is 0.70%. This means that on most Sundays, the change in value of the Ethereum Classic is between -0.89% and 0.52%.
It is hard to tell whether the Ethereum Classic will increase or decrease in value on an average Monday. The average change on a Monday for the Ethereum Classic is -0.19%. However, the standard deviation on this weekday is 0.43%. This means that on most Mondays, the change in value of the Ethereum Classic is between -0.62% and 0.25%.
It is hard to tell whether the Ethereum Classic will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Ethereum Classic is -0.14%. However, the standard deviation on this weekday is 0.32%. This means that on most Tuesdays, the change in value of the Ethereum Classic is between -0.46% and 0.19%.
It is hard to tell whether the Ethereum Classic will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Ethereum Classic is -0.15%. However, the standard deviation on this weekday is 0.31%. This means that on most Wednesdays, the change in value of the Ethereum Classic is between -0.45% and 0.16%.
It is hard to tell whether the Ethereum Classic will increase or decrease in value on an average Thursday. The average change on a Thursday for the Ethereum Classic is -0.07%. However, the standard deviation on this weekday is 0.16%. This means that on most Thursdays, the change in value of the Ethereum Classic is between -0.23% and 0.09%.
On an average Friday, the Ethereum Classic increased 0.40%. However, since the expected deviation is 0.61%, the Ethereum Classic will decline in value on a Friday quiet regularly. The expected price change of the Ethereum Classic on a Friday is between -0.21% and 1.01%.
Ethereum Classic increased in value on an average Saturday only slightly. The average increase in value of the Ethereum Classic was 0.10%. Allthough the Ethereum Classic closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.08%). This means that on 68 percent of the Saturdays, the change in price of the Ethereum Classic is expected to be in the range of -0.99% and 1.18%.
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.
| Weekday | Average change (%) | Standard deviation (%) | 68% range |
| Sunday | -0.19% | 0.70% | -0.89% to 0.52% |
| Monday | -0.19% | 0.43% | -0.62% to 0.25% |
| Tuesday | -0.14% | 0.32% | -0.46% to 0.19% |
| Wednesday | -0.15% | 0.31% | -0.45% to 0.16% |
| Thursday | -0.07% | 0.16% | -0.23% to 0.09% |
| Friday | 0.40% | 0.61% | -0.21% to 1.01% |
| Saturday | 0.10% | 1.08% | -0.99% to 1.18% |