Ethereum (ETH)

Current price: $ 94.51

24 hours price change: $ 3.03 (3.31%)

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 9th, 2018 to December 7th, 2018.

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 11/09/2018 and 12/07/2018.

According to the performance of Ethereum between November 9th, 2018 and December 7th, 2018, Ethereum performed the best on Sundays. On average, the price of Ethereum increased 0.72% on Sunday.

The weekday on which the Ethereum performed the worst, is Monday. On Mondays, the Ethereum declined in value on average by -7.49%.

Ethereum weekday performance

Historical performance on Sunday 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 Sunday with 0.72%. However, the uncertainty of this increase is high. The expected change in value of the Ethereum on a Sunday is between -1.34% and 2.78% (see also the table below).

The decrease in value of the Ethereum is -7.49% on an average Monday. The uncertainty of the average change is high for the Ethereum on Mondays. This means that it is hard to tell whether the Ethereum will decrease or increase in value on an average Monday. If we look at the 68% range of the Ethereum, we see that on 68% of the Mondays, the expected change of the Ethereum is between -13.06% and -1.92%.

The Ethereum declines in value on an average Tuesday with -2.68%. However, the uncertainty (or standard deviation) is quite large, namely 5.30%. This means that it is not possible to say whether on a regular Tuesday the Ethereum will increase or decrease in value.

On Wednesdays, the Ethereum decreases in value on average with -0.92%. On most of the Wednesdays the Ethereum decreases in value between -10.17% and 8.34%. The uncertainty (9.26%) is higher than the average decline percentage (-0.92%). Therefore, expected range of price changes of the Ethereum on Wednesdays is large.

The decrease in value of the Ethereum is -5.74% 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 -9.39% and -2.08%.

The Ethereum declines in value on an average Friday with -1.56%. However, the uncertainty (or standard deviation) is quite large, namely 2.15%. This means that it is not possible to say whether on a regular Friday the Ethereum will increase or decrease in value.

On Saturdays, the Ethereum decreases in value on average with -0.82%. On most of the Saturdays the Ethereum decreases in value between -5.36% and 3.73%. The uncertainty (4.54%) is higher than the average decline percentage (-0.82%). Therefore, expected range of price changes of the Ethereum on Saturdays is large.

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
Sunday0.72%2.06%-1.34% to 2.78%
Monday-7.49%5.57%-13.06% to -1.92%
Tuesday-2.68%5.30%-7.98% to 2.62%
Wednesday-0.92%9.26%-10.17% to 8.34%
Thursday-5.74%3.66%-9.39% to -2.08%
Friday-1.56%2.15%-3.71% to 0.60%
Saturday-0.82%4.54%-5.36% to 3.73%