Ethereum (ETH)

Current price: $ 220.80

24 hours price change: $ -6.17 (-2.72%)

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 June 21st, 2019 to July 19th, 2019.

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 06/21/2019 and 07/19/2019.

According to the performance of Ethereum between June 21st, 2019 and July 19th, 2019, Ethereum performed the best on Fridays. On average, the price of Ethereum increased 2.97% on Friday.

The weekday on which the Ethereum performed the worst, is Thursday. On Thursdays, the Ethereum declined in value on average by -4.54%.

Ethereum weekday performance

The decrease in value of the Ethereum is -4.18% on an average Sunday. The uncertainty of the average change is high for the Ethereum on Sundays. This means that it is hard to tell whether the Ethereum will decrease or increase in value on an average Sunday. If we look at the 68% range of the Ethereum, we see that on 68% of the Sundays, the expected change of the Ethereum is between -12.18% and 3.82%.

The expected range of change of the Ethereum for an average Monday is between 0.03% and 1.68%. This is the result of an average increase in value of 0.86% and a standard deviation of %STANDARD_DEVIATION%}. This expected increase of value is calculated over the last 1 month.

The decrease in value of the Ethereum is -3.47% on an average Tuesday. The uncertainty of the average change is high for the Ethereum on Tuesdays. This means that it is hard to tell whether the Ethereum will decrease or increase in value on an average Tuesday. If we look at the 68% range of the Ethereum, we see that on 68% of the Tuesdays, the expected change of the Ethereum is between -8.98% and 2.03%.

On an average Wednesday the Ethereum shows an increase in value of 2.28%. However, the change of Ethereum on most of the Wednesdays is between -2.62% and 7.18%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Ethereums.

The decrease in value of the Ethereum is -4.54% on an average Thursday. The uncertainty of the average change is high for the Ethereum on Thursdays. This means that it is hard to tell whether the Ethereum will decrease or increase in value on an average Thursday. If we look at the 68% range of the Ethereum, we see that on 68% of the Thursdays, the expected change of the Ethereum is between -11.48% and 2.40%.

On an average Friday the Ethereum shows an increase in value of 2.97%. However, the change of Ethereum on most of the Fridays is between -0.58% and 6.53%. Therefore it is hard to tell whether an average Friday is a good day to start buying Ethereums.

On an average Saturday the Ethereum shows an increase in value of 1.71%. However, the change of Ethereum on most of the Saturdays is between -1.18% and 4.59%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Ethereums.

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.

WeekdayAverage change (%)Standard deviation (%)68% range
Sunday-4.18%8.00%-12.18% to 3.82%
Monday0.86%0.82%0.03% to 1.68%
Tuesday-3.47%5.51%-8.98% to 2.03%
Wednesday2.28%4.90%-2.62% to 7.18%
Thursday-4.54%6.94%-11.48% to 2.40%
Friday2.97%3.55%-0.58% to 6.53%
Saturday1.71%2.88%-1.18% to 4.59%