Ethereum (ETH)

Current price: $ 95.06

24 hours price change: $ 2.98 (3.24%)

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 September 9th, 2018 to December 8th, 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 09/09/2018 and 12/08/2018.

According to the performance of Ethereum between September 9th, 2018 and December 8th, 2018, Ethereum performed the best on Sundays. On average, the price of Ethereum increased 0.59% on Sunday.

The weekday on which the Ethereum performed the worst, is Monday. On Mondays, the Ethereum declined in value on average by -3.35%.

Ethereum weekday performance

On an average Sunday, the Ethereum increased 0.59%. However, since the expected deviation is 2.14%, the Ethereum will decline in value on a Sunday quiet regularly. The expected price change of the Ethereum on a Sunday is between -1.55% and 2.73%.

The decrease in value of the Ethereum is -3.35% 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 -9.20% and 2.50%.

On Tuesdays, the Ethereum decreases in value on average with -0.94%. On most of the Tuesdays the Ethereum decreases in value between -5.47% and 3.59%. The uncertainty (4.53%) is higher than the average decline percentage (-0.94%). Therefore, expected range of price changes of the Ethereum on Tuesdays is large.

On Wednesdays, the Ethereum decreases in value on average with -0.84%. On most of the Wednesdays the Ethereum decreases in value between -6.04% and 4.36%. The uncertainty (5.20%) is higher than the average decline percentage (-0.84%). Therefore, expected range of price changes of the Ethereum on Wednesdays is large.

On Thursdays, the Ethereum decreases in value on average with -0.88%. On most of the Thursdays the Ethereum decreases in value between -8.45% and 6.69%. The uncertainty (7.57%) is higher than the average decline percentage (-0.88%). Therefore, expected range of price changes of the Ethereum on Thursdays is large.

On an average Friday, the Ethereum increased 0.53%. However, since the expected deviation is 3.54%, the Ethereum will decline in value on a Friday quiet regularly. The expected price change of the Ethereum on a Friday is between -3.01% and 4.06%.

Ethereum increased in value on an average Saturday only slightly. The average increase in value of the Ethereum was 0.26%. 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 (3.54%). This means that on 68 percent of the Saturdays, the change in price of the Ethereum is expected to be in the range of -3.28% and 3.80%.

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
Sunday0.59%2.14%-1.55% to 2.73%
Monday-3.35%5.85%-9.20% to 2.50%
Tuesday-0.94%4.53%-5.47% to 3.59%
Wednesday-0.84%5.20%-6.04% to 4.36%
Thursday-0.88%7.57%-8.45% to 6.69%
Friday0.53%3.54%-3.01% to 4.06%
Saturday0.26%3.54%-3.28% to 3.80%