ReddCoin (RDD)

Current price: $ 0.002133

24 hours price change: $ -0.000069 (-3.15%)

Daily analysis of ReddCoin (RDD) - 1 year

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 year, starting on September 28th, 2020 to September 28th, 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 09/28/2020 and 09/28/2021.

According to the performance of ReddCoin between September 28th, 2020 and September 28th, 2021, ReddCoin performed the best on Thursdays. On average, the price of ReddCoin increased 3.14% on Thursday.

The weekday on which the ReddCoin performed the worst, is Saturday. On Saturdays, the ReddCoin rose in value on average by 0.39%. The price still increased on Saturdays, allthough it was the smallest increase of all days on average.

ReddCoin weekday performance

On an average Sunday the ReddCoin shows an increase in value of 1.76%. However, the change of ReddCoin on most of the Sundays is between -10.48% and 14.01%. Therefore it is hard to tell whether an average Sunday is a good day to start buying ReddCoins.

On an average Monday the ReddCoin shows an increase in value of 1.29%. However, the change of ReddCoin on most of the Mondays is between -9.96% and 12.54%. Therefore it is hard to tell whether an average Monday is a good day to start buying ReddCoins.

On an average Tuesday the ReddCoin shows an increase in value of 1.19%. However, the change of ReddCoin on most of the Tuesdays is between -8.61% and 10.98%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying ReddCoins.

On an average Wednesday, the ReddCoin increased 0.54%. However, since the expected deviation is 6.73%, the ReddCoin will decline in value on a Wednesday quiet regularly. The expected price change of the ReddCoin on a Wednesday is between -6.19% and 7.27%.

The increase in value of the ReddCoin is 3.14% on an average Thursday. However, the uncertainty on the average change is high for the ReddCoin on Thursdays. This is the reason why an expected increase of the ReddCoin on an average Thursday cannot be predicted. The standard deviation for ReddCoin on Thursdays is high, namely 20.19%. This means that the expected range of value change for the ReddCoin is -17.05% and 23.33% on 68% of the Thursdays.

On an average Friday the ReddCoin shows an increase in value of 1.30%. However, the change of ReddCoin on most of the Fridays is between -6.47% and 9.07%. Therefore it is hard to tell whether an average Friday is a good day to start buying ReddCoins.

On an average Saturday, the ReddCoin increased 0.39%. However, since the expected deviation is 5.92%, the ReddCoin will decline in value on a Saturday quiet regularly. The expected price change of the ReddCoin on a Saturday is between -5.54% and 6.31%.

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 1.76% 12.25% -10.48% to 14.01%
Monday 1.29% 11.25% -9.96% to 12.54%
Tuesday 1.19% 9.80% -8.61% to 10.98%
Wednesday 0.54% 6.73% -6.19% to 7.27%
Thursday 3.14% 20.19% -17.05% to 23.33%
Friday 1.30% 7.77% -6.47% to 9.07%
Saturday 0.39% 5.92% -5.54% to 6.31%
 

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