The performance of Ripple regarding the price differs every day. To make the best decision to buy Ripple, we are analysis in this article the performance of Ripple on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on February 23rd, 2023 to March 23rd, 2023.
In the barchart below, the weekdays and average performance of Ripple are shown side by side.
According to the performance of Ripple between February 23rd, 2023 and March 23rd, 2023, Ripple performed the best on Sundays. On average, the price of Ripple increased 0.31% on Sunday.
The weekday on which the Ripple performed the worst, is Friday. On Fridays, the Ripple declined in value on average by -1.19%.
Ripple weekday performance
On an average Sunday, the Ripple increased 0.31%. However, since the expected deviation is 0.46%, the Ripple will decline in value on a Sunday quiet regularly. The expected price change of the Ripple on a Sunday is between -0.15% and 0.78%.
Ripple increased in value on an average Monday only slightly. The average increase in value of the Ripple was 0.17%. Allthough the Ripple closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.34%). This means that on 68 percent of the Mondays, the change in price of the Ripple is expected to be in the range of -0.17% and 0.51%.
It is hard to tell whether the Ripple will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Ripple is -0.03%. However, the standard deviation on this weekday is 0.64%. This means that on most Tuesdays, the change in value of the Ripple is between -0.67% and 0.61%.
Allthough the Ripple decreases in value with -0.57% on an average Wednesday, the uncertainty of this decline is large. The standard deviation of the change of Ripple on Wednesdays is 0.38%. This means that the expected change of the value of Ripple is between -0.94% and -0.19% on 68 out of 100 Wednesdays.
It is hard to tell whether the Ripple will increase or decrease in value on an average Thursday. The average change on a Thursday for the Ripple is -0.18%. However, the standard deviation on this weekday is 0.58%. This means that on most Thursdays, the change in value of the Ripple is between -0.76% and 0.40%.
The Ripple declines in value on an average Friday with -1.19%. However, the uncertainty (or standard deviation) is quite large, namely 1.79%. This means that it is not possible to say whether on a regular Friday the Ripple will increase or decrease in value.
Ripple increased in value on an average Saturday only slightly. The average increase in value of the Ripple was 0.00%. Allthough the Ripple closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.31%). This means that on 68 percent of the Saturdays, the change in price of the Ripple is expected to be in the range of -0.31% and 0.31%.
Ripple weekday performance details
Find below the details of the performance of Ripple 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 | 0.31% | 0.46% | -0.15% to 0.78% |
| Monday | 0.17% | 0.34% | -0.17% to 0.51% |
| Tuesday | -0.03% | 0.64% | -0.67% to 0.61% |
| Wednesday | -0.57% | 0.38% | -0.94% to -0.19% |
| Thursday | -0.18% | 0.58% | -0.76% to 0.40% |
| Friday | -1.19% | 1.79% | -2.99% to 0.60% |
| Saturday | 0.00% | 0.31% | -0.31% to 0.31% |