Monero (XMR)

Current price: $ 43.29

24 hours price change: $ 0.87 (2.05%)

Daily analysis of Monero (XMR) - all

The performance of Monero regarding the price differs every day. To make the best decision to buy Monero, we are analysis in this article the performance of Monero on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on January 28th, 2015 to December 12th, 2018.

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

Average daily change in price of Monero per weekday between 01/28/2015 and 12/12/2018.

According to the performance of Monero between January 28th, 2015 and December 12th, 2018, Monero performed the best on Fridays. On average, the price of Monero increased 3.88% on Friday.

The weekday on which the Monero performed the worst, is Monday. On Mondays, the Monero declined in value on average by -0.17%.

Monero weekday performance

On an average Sunday the Monero shows an increase in value of 2.33%. However, the change of Monero on most of the Sundays is between -17.05% and 21.71%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Moneros.

It is hard to tell whether the Monero will increase or decrease in value on an average Monday. The average change on a Monday for the Monero is -0.17%. However, the standard deviation on this weekday is 14.78%. This means that on most Mondays, the change in value of the Monero is between -14.95% and 14.61%.

On an average Tuesday the Monero shows an increase in value of 1.83%. However, the change of Monero on most of the Tuesdays is between -17.85% and 21.51%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Moneros.

On an average Wednesday the Monero shows an increase in value of 2.04%. However, the change of Monero on most of the Wednesdays is between -18.98% and 23.06%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Moneros.

On an average Thursday the Monero shows an increase in value of 1.54%. However, the change of Monero on most of the Thursdays is between -17.63% and 20.71%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Moneros.

The increase in value of the Monero is 3.88% on an average Friday. However, the uncertainty on the average change is high for the Monero on Fridays. This is the reason why an expected increase of the Monero on an average Friday cannot be predicted. The standard deviation for Monero on Fridays is high, namely 21.19%. This means that the expected range of value change for the Monero is -17.31% and 25.07% on 68% of the Fridays.

On an average Saturday, the Monero increased 0.35%. However, since the expected deviation is 13.28%, the Monero will decline in value on a Saturday quiet regularly. The expected price change of the Monero on a Saturday is between -12.93% and 13.63%.

Monero weekday performance details

Find below the details of the performance of Monero 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
Sunday2.33%19.38%-17.05% to 21.71%
Monday-0.17%14.78%-14.95% to 14.61%
Tuesday1.83%19.68%-17.85% to 21.51%
Wednesday2.04%21.02%-18.98% to 23.06%
Thursday1.54%19.17%-17.63% to 20.71%
Friday3.88%21.19%-17.31% to 25.07%
Saturday0.35%13.28%-12.93% to 13.63%