ReddCoin (RDD)

Current price: $ 0.001200

24 hours price change: $ -0.000091 (-7.05%)

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 January 21st, 2021 to January 21st, 2022.

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 01/21/2021 and 01/21/2022.

According to the performance of ReddCoin between January 21st, 2021 and January 21st, 2022, ReddCoin performed the best on Thursdays. On average, the price of ReddCoin increased 3.96% on Thursday.

The weekday on which the ReddCoin performed the worst, is Saturday. On Saturdays, the ReddCoin rose in value on average by 1.05%. 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 1.34%. However, the change of ReddCoin on most of the Sundays is between -9.91% and 12.58%. 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 1.70%. However, the change of ReddCoin on most of the Mondays is between -15.92% and 19.32%. 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 1.87%. However, the change of ReddCoin on most of the Tuesdays is between -8.09% and 11.82%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying ReddCoins.

On an average Wednesday the ReddCoin shows an increase in value of 2.19%. However, the change of ReddCoin on most of the Wednesdays is between -6.48% and 10.85%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying ReddCoins.

The increase in value of the ReddCoin is 3.96% 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 24.34%. This means that the expected range of value change for the ReddCoin is -20.38% and 28.30% on 68% of the Thursdays.

The increase in value of the ReddCoin is 3.67% 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 12.59%. This means that the expected range of value change for the ReddCoin is -8.92% and 16.27% on 68% of the Fridays.

On an average Saturday the ReddCoin shows an increase in value of 1.05%. However, the change of ReddCoin on most of the Saturdays is between -6.37% and 8.47%. Therefore it is hard to tell whether an average Saturday is a good day to start buying ReddCoins.

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 1.34% 11.24% -9.91% to 12.58%
Monday 1.70% 17.62% -15.92% to 19.32%
Tuesday 1.87% 9.96% -8.09% to 11.82%
Wednesday 2.19% 8.67% -6.48% to 10.85%
Thursday 3.96% 24.34% -20.38% to 28.30%
Friday 3.67% 12.59% -8.92% to 16.27%
Saturday 1.05% 7.42% -6.37% to 8.47%
 

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