Ethereum (ETH)

Current price: $ 208.68

24 hours price change: $ -2.12 (-1.01%)

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 June 23rd, 2019 to September 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 06/23/2019 and 09/22/2019.

According to the performance of Ethereum between June 23rd, 2019 and September 22nd, 2019, Ethereum performed the best on Mondays. On average, the price of Ethereum increased 0.45% on Monday.

The weekday on which the Ethereum performed the worst, is Thursday. On Thursdays, the Ethereum declined in value on average by -1.61%.

Ethereum weekday performance

On Sundays, the Ethereum decreases in value on average with -0.69%. On most of the Sundays the Ethereum decreases in value between -5.68% and 4.30%. The uncertainty (4.99%) is higher than the average decline percentage (-0.69%). Therefore, expected range of price changes of the Ethereum on Sundays is large.

On an average Monday, the Ethereum increased 0.45%. However, since the expected deviation is 2.18%, the Ethereum will decline in value on a Monday quiet regularly. The expected price change of the Ethereum on a Monday is between -1.72% and 2.63%.

The Ethereum declines in value on an average Tuesday with -1.50%. However, the uncertainty (or standard deviation) is quite large, namely 3.47%. This means that it is not possible to say whether on a regular Tuesday the Ethereum will increase or decrease in value.

On an average Wednesday, the Ethereum increased 0.41%. However, since the expected deviation is 4.51%, the Ethereum will decline in value on a Wednesday quiet regularly. The expected price change of the Ethereum on a Wednesday is between -4.10% and 4.92%.

The Ethereum declines in value on an average Thursday with -1.61%. However, the uncertainty (or standard deviation) is quite large, namely 4.39%. This means that it is not possible to say whether on a regular Thursday the Ethereum will increase or decrease in value.

It is hard to tell whether the Ethereum will increase or decrease in value on an average Friday. The average change on a Friday for the Ethereum is -0.12%. However, the standard deviation on this weekday is 2.24%. This means that on most Fridays, the change in value of the Ethereum is between -2.36% and 2.12%.

It is hard to tell whether the Ethereum will increase or decrease in value on an average Saturday. The average change on a Saturday for the Ethereum is -0.09%. However, the standard deviation on this weekday is 2.41%. This means that on most Saturdays, the change in value of the Ethereum is between -2.50% and 2.32%.

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 -0.69% 4.99% -5.68% to 4.30%
Monday 0.45% 2.18% -1.72% to 2.63%
Tuesday -1.50% 3.47% -4.96% to 1.97%
Wednesday 0.41% 4.51% -4.10% to 4.92%
Thursday -1.61% 4.39% -6.00% to 2.79%
Friday -0.12% 2.24% -2.36% to 2.12%
Saturday -0.09% 2.41% -2.50% to 2.32%