Ethereum (ETH)

Current price: $ 250.67

24 hours price change: $ 16.46 (7.03%)

Daily analysis of Ethereum (ETH) - 3 months

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 3 months, starting on February 24th, 2019 to May 22nd, 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 02/24/2019 and 05/22/2019.

According to the performance of Ethereum between February 24th, 2019 and May 22nd, 2019, Ethereum performed the best on Tuesdays. On average, the price of Ethereum increased 2.98% on Tuesday.

The weekday on which the Ethereum performed the worst, is Thursday. On Thursdays, the Ethereum declined in value on average by -0.68%.

Ethereum weekday performance

Allthough the Ethereum decreases in value with -0.36% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Ethereum on Sundays is 5.52%. This means that the expected change of the value of Ethereum is between -5.89% and 5.16% on 68 out of 100 Sundays.

On an average Monday, the Ethereum increased 0.32%. However, since the expected deviation is 3.25%, the Ethereum will decline in value on a Monday quiet regularly. The expected price change of the Ethereum on a Monday is between -2.93% and 3.57%.

On an average Tuesday the Ethereum shows an increase in value of 2.98%. However, the change of Ethereum on most of the Tuesdays is between -2.27% and 8.23%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Ethereums.

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 0.72%. However, the uncertainty of this increase is high. The expected change in value of the Ethereum on a Wednesday is between -3.66% and 5.10% (see also the table below).

On Thursdays, the Ethereum decreases in value on average with -0.68%. On most of the Thursdays the Ethereum decreases in value between -4.49% and 3.12%. The uncertainty (3.80%) is higher than the average decline percentage (-0.68%). Therefore, expected range of price changes of the Ethereum on Thursdays is large.

Historical performance on Friday 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 Friday with 0.78%. However, the uncertainty of this increase is high. The expected change in value of the Ethereum on a Friday is between -2.31% and 3.87% (see also the table below).

Historical performance on Saturday 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 Saturday with 0.79%. However, the uncertainty of this increase is high. The expected change in value of the Ethereum on a Saturday is between -2.86% and 4.43% (see also the table below).

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-0.36%5.52%-5.89% to 5.16%
Monday0.32%3.25%-2.93% to 3.57%
Tuesday2.98%5.25%-2.27% to 8.23%
Wednesday0.72%4.38%-3.66% to 5.10%
Thursday-0.68%3.80%-4.49% to 3.12%
Friday0.78%3.09%-2.31% to 3.87%
Saturday0.79%3.65%-2.86% to 4.43%