ReddCoin (RDD)

Current price: $ 0.002258

24 hours price change: $ -0.000028 (-1.21%)

Daily analysis of ReddCoin (RDD) - 1 month

The performance of ReddCoin regarding the price differs every day. To make the best decision to buy ReddCoin, we are analysis in this article the performance of ReddCoin on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on November 2nd, 2021 to December 2nd, 2021.

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

Average daily change in price of ReddCoin per weekday between 11/02/2021 and 12/02/2021.

According to the performance of ReddCoin between November 2nd, 2021 and December 2nd, 2021, ReddCoin performed the best on Wednesdays. On average, the price of ReddCoin increased 10.13% on Wednesday.

The weekday on which the ReddCoin performed the worst, is Monday. On Mondays, the ReddCoin declined in value on average by -9.02%.

ReddCoin weekday performance

On an average Sunday the ReddCoin shows an increase in value of 1.15%. However, the change of ReddCoin on most of the Sundays is between -15.18% and 17.48%. Therefore it is hard to tell whether an average Sunday is a good day to start buying ReddCoins.

The decrease in value of the ReddCoin is -9.02% on an average Monday. The uncertainty of the average change is high for the ReddCoin on Mondays. This means that it is hard to tell whether the ReddCoin will decrease or increase in value on an average Monday. If we look at the 68% range of the ReddCoin, we see that on 68% of the Mondays, the expected change of the ReddCoin is between -18.52% and 0.48%.

The increase in value of the ReddCoin is 5.76% on an average Tuesday. However, the uncertainty on the average change is high for the ReddCoin on Tuesdays. This is the reason why an expected increase of the ReddCoin on an average Tuesday cannot be predicted. The standard deviation for ReddCoin on Tuesdays is high, namely 13.88%. This means that the expected range of value change for the ReddCoin is -8.13% and 19.64% on 68% of the Tuesdays.

The increase in value of the ReddCoin is 10.13% on an average Wednesday. However, the uncertainty on the average change is high for the ReddCoin on Wednesdays. This is the reason why an expected increase of the ReddCoin on an average Wednesday cannot be predicted. The standard deviation for ReddCoin on Wednesdays is high, namely 12.10%. This means that the expected range of value change for the ReddCoin is -1.97% and 22.23% on 68% of the Wednesdays.

The decrease in value of the ReddCoin is -8.81% on an average Thursday. The uncertainty of the average change is high for the ReddCoin on Thursdays. This means that it is hard to tell whether the ReddCoin will decrease or increase in value on an average Thursday. If we look at the 68% range of the ReddCoin, we see that on 68% of the Thursdays, the expected change of the ReddCoin is between -17.53% and -0.08%.

The increase in value of the ReddCoin is 6.18% on an average Friday. However, the uncertainty on the average change is high for the ReddCoin on Fridays. This is the reason why an expected increase of the ReddCoin on an average Friday cannot be predicted. The standard deviation for ReddCoin on Fridays is high, namely 10.52%. This means that the expected range of value change for the ReddCoin is -4.34% and 16.71% on 68% of the Fridays.

The increase in value of the ReddCoin is 8.63% on an average Saturday. However, the uncertainty on the average change is high for the ReddCoin on Saturdays. This is the reason why an expected increase of the ReddCoin on an average Saturday cannot be predicted. The standard deviation for ReddCoin on Saturdays is high, namely 14.64%. This means that the expected range of value change for the ReddCoin is -6.01% and 23.26% on 68% of the Saturdays.

ReddCoin weekday performance details

Find below the details of the performance of ReddCoin 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 1.15% 16.33% -15.18% to 17.48%
Monday -9.02% 9.50% -18.52% to 0.48%
Tuesday 5.76% 13.88% -8.13% to 19.64%
Wednesday 10.13% 12.10% -1.97% to 22.23%
Thursday -8.81% 8.72% -17.53% to -0.08%
Friday 6.18% 10.52% -4.34% to 16.71%
Saturday 8.63% 14.64% -6.01% to 23.26%
 

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