Ethereum (ETH)

Current price: $ 146.78

24 hours price change: $ -0.15 (-0.10%)

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 November 20th, 2018 to February 18th, 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 11/20/2018 and 02/18/2019.

According to the performance of Ethereum between November 20th, 2018 and February 18th, 2019, Ethereum performed the best on Wednesdays. On average, the price of Ethereum increased 1.82% on Wednesday.

The weekday on which the Ethereum performed the worst, is Thursday. On Thursdays, the Ethereum declined in value on average by -3.45%.

Ethereum weekday performance

On an average Sunday the Ethereum shows an increase in value of 1.45%. However, the change of Ethereum on most of the Sundays is between -3.66% and 6.56%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Ethereums.

Ethereum increased in value on an average Monday only slightly. The average increase in value of the Ethereum was 0.10%. Allthough the Ethereum closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (6.58%). This means that on 68 percent of the Mondays, the change in price of the Ethereum is expected to be in the range of -6.48% and 6.69%.

The Ethereum declines in value on an average Tuesday with -1.03%. However, the uncertainty (or standard deviation) is quite large, namely 4.84%. 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 shows an increase in value of 1.82%. However, the change of Ethereum on most of the Wednesdays is between -2.98% and 6.62%. 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 -3.45% 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 -10.60% and 3.69%.

On an average Friday the Ethereum shows an increase in value of 1.74%. However, the change of Ethereum on most of the Fridays is between -4.98% and 8.46%. Therefore it is hard to tell whether an average Friday is a good day to start buying Ethereums.

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 0.66%. However, the uncertainty of this increase is high. The expected change in value of the Ethereum on a Saturday is between -2.78% and 4.10% (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
Sunday1.45%5.11%-3.66% to 6.56%
Monday0.10%6.58%-6.48% to 6.69%
Tuesday-1.03%4.84%-5.88% to 3.81%
Wednesday1.82%4.80%-2.98% to 6.62%
Thursday-3.45%7.15%-10.60% to 3.69%
Friday1.74%6.72%-4.98% to 8.46%
Saturday0.66%3.44%-2.78% to 4.10%