Ethereum Classic (ETC)

Current price: $ 4.03

24 hours price change: $ 0.10 (2.54%)

Daily analysis of Ethereum Classic (ETC) - 2 years

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 2 years, starting on December 18th, 2016 to December 16th, 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 12/18/2016 and 12/16/2018.

According to the performance of Ethereum Classic between December 18th, 2016 and December 16th, 2018, Ethereum Classic performed the best on Tuesdays. On average, the price of Ethereum Classic increased 1.03% on Tuesday.

The weekday on which the Ethereum Classic performed the worst, is Thursday. On Thursdays, the Ethereum Classic rose in value on average by 0.04%. The price still increased on Thursdays, allthough it was the smallest increase of all days on average.

Ethereum Classic weekday performance

On an average Sunday, the Ethereum Classic increased 0.48%. However, since the expected deviation is 5.88%, the Ethereum Classic will decline in value on a Sunday quiet regularly. The expected price change of the Ethereum Classic on a Sunday is between -5.40% and 6.37%.

Ethereum Classic increased in value on an average Monday only slightly. The average increase in value of the Ethereum Classic was 0.16%. 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 (7.24%). This means that on 68 percent of the Mondays, the change in price of the Ethereum Classic is expected to be in the range of -7.09% and 7.40%.

On an average Tuesday the Ethereum Classic shows an increase in value of 1.03%. However, the change of Ethereum Classic on most of the Tuesdays is between -5.55% and 7.60%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Ethereum Classics.

On an average Wednesday, the Ethereum Classic increased 0.30%. However, since the expected deviation is 10.47%, the Ethereum Classic will decline in value on a Wednesday quiet regularly. The expected price change of the Ethereum Classic on a Wednesday is between -10.16% and 10.77%.

Ethereum Classic increased in value on an average Thursday only slightly. The average increase in value of the Ethereum Classic was 0.04%. 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 (7.52%). This means that on 68 percent of the Thursdays, the change in price of the Ethereum Classic is expected to be in the range of -7.49% and 7.56%.

On an average Friday, the Ethereum Classic increased 0.59%. However, since the expected deviation is 7.71%, 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 -7.11% and 8.30%.

On an average Saturday, the Ethereum Classic increased 0.46%. However, since the expected deviation is 6.46%, the Ethereum Classic will decline in value on a Saturday quiet regularly. The expected price change of the Ethereum Classic on a Saturday is between -6.00% and 6.92%.

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
Sunday0.48%5.88%-5.40% to 6.37%
Monday0.16%7.24%-7.09% to 7.40%
Tuesday1.03%6.57%-5.55% to 7.60%
Wednesday0.30%10.47%-10.16% to 10.77%
Thursday0.04%7.52%-7.49% to 7.56%
Friday0.59%7.71%-7.11% to 8.30%
Saturday0.46%6.46%-6.00% to 6.92%