Terra (LUNA)

Current price: $ 0.72

24 hours price change: $ -0.02 (-2.55%)

Daily analysis of Terra (LUNA) - 1 month

The performance of Terra regarding the price differs every day. To make the best decision to buy Terra, we are analysis in this article the performance of Terra on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on February 1st, 2024 to March 1st, 2024.

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

Average daily change in price of Terra per weekday between 02/01/2024 and 03/01/2024.

According to the performance of Terra between February 1st, 2024 and March 1st, 2024, Terra performed the best on Fridays. On average, the price of Terra increased 0.56% on Friday.

The weekday on which the Terra performed the worst, is Sunday. On Sundays, the Terra declined in value on average by -0.88%.

Terra weekday performance

On Sundays, the Terra decreases in value on average with -0.88%. On most of the Sundays the Terra decreases in value between -2.05% and 0.29%. The uncertainty (1.17%) is higher than the average decline percentage (-0.88%). Therefore, expected range of price changes of the Terra on Sundays is large.

It is hard to tell whether the Terra will increase or decrease in value on an average Monday. The average change on a Monday for the Terra is 0.00%. However, the standard deviation on this weekday is 0.53%. This means that on most Mondays, the change in value of the Terra is between -0.53% and 0.53%.

Terra increased in value on an average Tuesday only slightly. The average increase in value of the Terra was 0.08%. Allthough the Terra closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.23%). This means that on 68 percent of the Tuesdays, the change in price of the Terra is expected to be in the range of -0.15% and 0.31%.

Terra increased in value on an average Wednesday only slightly. The average increase in value of the Terra was 0.02%. Allthough the Terra closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.72%). This means that on 68 percent of the Wednesdays, the change in price of the Terra is expected to be in the range of -0.70% and 0.73%.

On an average Thursday, the Terra increased 0.30%. However, since the expected deviation is 0.69%, the Terra will decline in value on a Thursday quiet regularly. The expected price change of the Terra on a Thursday is between -0.38% and 0.99%.

The average increase of the Terra on an average Friday is 0.56%. This is a small increase, however, the expected change of the Terra in 95% of the Fridays is -0.31% and 1.42%. This means that only on 2.5% (or slightly over 1 Friday per year) the expected change of the Terra is below -0.31%. On the other hand, you would not have to expect that the change on a single Friday will be above 1.42%. This will also only happen on 2.5% of the Fridays. On 68% of the Fridays, the increase of the Terra will be in the range of 0.12% and 0.99%.

Terra increased in value on an average Saturday only slightly. The average increase in value of the Terra was 0.19%. Allthough the Terra closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.30%). This means that on 68 percent of the Saturdays, the change in price of the Terra is expected to be in the range of -0.11% and 0.49%.

Terra weekday performance details

Find below the details of the performance of Terra 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 -0.88% 1.17% -2.05% to 0.29%
Monday 0.00% 0.53% -0.53% to 0.53%
Tuesday 0.08% 0.23% -0.15% to 0.31%
Wednesday 0.02% 0.72% -0.70% to 0.73%
Thursday 0.30% 0.69% -0.38% to 0.99%
Friday 0.56% 0.43% 0.12% to 0.99%
Saturday 0.19% 0.30% -0.11% to 0.49%
 

About Us

: Financial indicators for cryptocurrencies