Ethereum (ETH)

Current price: $ 142.53

24 hours price change: $ -4.48 (-3.05%)

Daily analysis of Ethereum (ETH) - 2 years

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 2 years, starting on February 19th, 2017 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 02/19/2017 and 02/18/2019.

According to the performance of Ethereum between February 19th, 2017 and February 18th, 2019, Ethereum performed the best on Fridays. On average, the price of Ethereum increased 0.95% on Friday.

The weekday on which the Ethereum performed the worst, is Wednesday. On Wednesdays, the Ethereum declined in value on average by -0.07%.

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 0.88%. However, the uncertainty of this increase is high. The expected change in value of the Ethereum on a Sunday is between -4.70% and 6.46% (see also the table below).

Ethereum increased in value on an average Monday only slightly. The average increase in value of the Ethereum was 0.23%. 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 (6.78%). This means that on 68 percent of the Mondays, the change in price of the Ethereum is expected to be in the range of -6.55% and 7.01%.

Historical performance on Tuesday 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 Tuesday with 0.63%. However, the uncertainty of this increase is high. The expected change in value of the Ethereum on a Tuesday is between -5.70% and 6.95% (see also the table below).

It is hard to tell whether the Ethereum will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Ethereum is -0.07%. However, the standard deviation on this weekday is 6.43%. This means that on most Wednesdays, the change in value of the Ethereum is between -6.50% and 6.36%.

On an average Thursday, the Ethereum increased 0.56%. However, since the expected deviation is 7.19%, the Ethereum will decline in value on a Thursday quiet regularly. The expected price change of the Ethereum on a Thursday is between -6.63% and 7.75%.

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 0.95%. However, the uncertainty of this increase is high. The expected change in value of the Ethereum on a Friday is between -5.89% and 7.79% (see also the table below).

On an average Saturday, the Ethereum increased 0.50%. However, since the expected deviation is 5.54%, the Ethereum will decline in value on a Saturday quiet regularly. The expected price change of the Ethereum on a Saturday is between -5.03% and 6.04%.

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
Sunday0.88%5.58%-4.70% to 6.46%
Monday0.23%6.78%-6.55% to 7.01%
Tuesday0.63%6.32%-5.70% to 6.95%
Wednesday-0.07%6.43%-6.50% to 6.36%
Thursday0.56%7.19%-6.63% to 7.75%
Friday0.95%6.84%-5.89% to 7.79%
Saturday0.50%5.54%-5.03% to 6.04%