Ethereum (ETH)

Current price: $ 4,537.86

24 hours price change: $ -133.02 (-2.85%)

Daily analysis of Ethereum (ETH) - 1 month

The performance of Ethereum regarding the price differs every day. To make the best decision to buy Ethereum, we are analysis in this article the performance of Ethereum 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 Ethereum are shown side by side.

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

According to the performance of Ethereum between November 2nd, 2021 and December 2nd, 2021, Ethereum performed the best on Fridays. On average, the price of Ethereum increased 1.68% on Friday.

The weekday on which the Ethereum performed the worst, is Thursday. On Thursdays, the Ethereum declined in value on average by -1.54%.

Ethereum weekday performance

On an average Sunday, the Ethereum increased 0.42%. However, since the expected deviation is 1.12%, the Ethereum will decline in value on a Sunday quiet regularly. The expected price change of the Ethereum on a Sunday is between -0.69% and 1.54%.

Historical performance on Monday do not show an increase in value of the Ethereum on which a prediction can be made. The Ethereum increased in value on average on an average Monday with 0.84%. However, the uncertainty of this increase is high. The expected change in value of the Ethereum on a Monday is between -0.11% and 1.79% (see also the table below).

The Ethereum declines in value on an average Tuesday with -1.45%. However, the uncertainty (or standard deviation) is quite large, namely 3.18%. This means that it is not possible to say whether on a regular Tuesday the Ethereum will increase or decrease in value.

Historical performance on Wednesday do not show an increase in value of the Ethereum on which a prediction can be made. The Ethereum increased in value on average on an average Wednesday with 0.85%. However, the uncertainty of this increase is high. The expected change in value of the Ethereum on a Wednesday is between -0.12% and 1.82% (see also the table below).

The Ethereum declines in value on an average Thursday with -1.54%. However, the uncertainty (or standard deviation) is quite large, namely 2.65%. This means that it is not possible to say whether on a regular Thursday the Ethereum will increase or decrease in value.

On an average Friday the Ethereum shows an increase in value of 1.68%. However, the change of Ethereum on most of the Fridays is between -1.67% and 5.03%. Therefore it is hard to tell whether an average Friday is a good day to start buying Ethereums.

On an average Saturday, the Ethereum increased 0.32%. However, since the expected deviation is 0.43%, the Ethereum will decline in value on a Saturday quiet regularly. The expected price change of the Ethereum on a Saturday is between -0.11% and 0.75%.

Ethereum weekday performance details

Find below the details of the performance of Ethereum 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 0.42% 1.12% -0.69% to 1.54%
Monday 0.84% 0.95% -0.11% to 1.79%
Tuesday -1.45% 3.18% -4.64% to 1.73%
Wednesday 0.85% 0.97% -0.12% to 1.82%
Thursday -1.54% 2.65% -4.20% to 1.11%
Friday 1.68% 3.35% -1.67% to 5.03%
Saturday 0.32% 0.43% -0.11% to 0.75%
 

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