Litecoin (LTC)

Current price: $ 24.06

24 hours price change: $ 0.31 (1.31%)

Daily analysis of Litecoin (LTC) - all

The performance of Litecoin regarding the price differs every day. To make the best decision to buy Litecoin, we are analysis in this article the performance of Litecoin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on October 23rd, 2013 to December 12th, 2018.

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

Average daily change in price of Litecoin per weekday between 10/23/2013 and 12/12/2018.

According to the performance of Litecoin between October 23rd, 2013 and December 12th, 2018, Litecoin performed the best on Tuesdays. On average, the price of Litecoin increased 0.96% on Tuesday.

The weekday on which the Litecoin performed the worst, is Friday. On Fridays, the Litecoin rose in value on average by 0.15%. The price still increased on Fridays, allthough it was the smallest increase of all days on average.

Litecoin weekday performance

On an average Sunday, the Litecoin increased 0.59%. However, since the expected deviation is 5.75%, the Litecoin will decline in value on a Sunday quiet regularly. The expected price change of the Litecoin on a Sunday is between -5.16% and 6.33%.

Historical performance on Monday do not show an increase in value of the Litecoin on which a prediction can be made. The Litecoin increased in value on average on an average Monday with 0.96%. However, the uncertainty of this increase is high. The expected change in value of the Litecoin on a Monday is between -8.98% and 10.89% (see also the table below).

Historical performance on Tuesday do not show an increase in value of the Litecoin on which a prediction can be made. The Litecoin increased in value on average on an average Tuesday with 0.96%. However, the uncertainty of this increase is high. The expected change in value of the Litecoin on a Tuesday is between -11.56% and 13.47% (see also the table below).

Litecoin increased in value on an average Wednesday only slightly. The average increase in value of the Litecoin was 0.24%. Allthough the Litecoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (8.67%). This means that on 68 percent of the Wednesdays, the change in price of the Litecoin is expected to be in the range of -8.42% and 8.91%.

Litecoin increased in value on an average Thursday only slightly. The average increase in value of the Litecoin was 0.21%. Allthough the Litecoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (7.51%). This means that on 68 percent of the Thursdays, the change in price of the Litecoin is expected to be in the range of -7.30% and 7.72%.

Litecoin increased in value on an average Friday only slightly. The average increase in value of the Litecoin was 0.15%. Allthough the Litecoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (6.11%). This means that on 68 percent of the Fridays, the change in price of the Litecoin is expected to be in the range of -5.95% and 6.26%.

On an average Saturday, the Litecoin increased 0.32%. However, since the expected deviation is 5.41%, the Litecoin will decline in value on a Saturday quiet regularly. The expected price change of the Litecoin on a Saturday is between -5.10% and 5.73%.

Litecoin weekday performance details

Find below the details of the performance of Litecoin 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
Sunday0.59%5.75%-5.16% to 6.33%
Monday0.96%9.94%-8.98% to 10.89%
Tuesday0.96%12.51%-11.56% to 13.47%
Wednesday0.24%8.67%-8.42% to 8.91%
Thursday0.21%7.51%-7.30% to 7.72%
Friday0.15%6.11%-5.95% to 6.26%
Saturday0.32%5.41%-5.10% to 5.73%