Ripple (XRP)

Current price: $ 0.31

24 hours price change: $ 0.0059 (1.96%)

Daily analysis of Ripple (XRP) - all

The performance of Ripple regarding the price differs every day. To make the best decision to buy Ripple, we are analysis in this article the performance of Ripple on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last years, starting on April 9th, 2014 to December 11th, 2018.

In the barchart below, the weekdays and average performance of Ripple are shown side by side.

Average daily change in price of Ripple per weekday between 04/09/2014 and 12/11/2018.

According to the performance of Ripple between April 9th, 2014 and December 11th, 2018, Ripple performed the best on Thursdays. On average, the price of Ripple increased 1.53% on Thursday.

The weekday on which the Ripple performed the worst, is Sunday. On Sundays, the Ripple rose in value on average by 0.12%. The price still increased on Sundays, allthough it was the smallest increase of all days on average.

Ripple weekday performance

Ripple increased in value on an average Sunday only slightly. The average increase in value of the Ripple was 0.12%. Allthough the Ripple closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (13.18%). This means that on 68 percent of the Sundays, the change in price of the Ripple is expected to be in the range of -13.06% and 13.31%.

On an average Monday, the Ripple increased 0.38%. However, since the expected deviation is 8.22%, the Ripple will decline in value on a Monday quiet regularly. The expected price change of the Ripple on a Monday is between -7.84% and 8.60%.

Historical performance on Tuesday do not show an increase in value of the Ripple on which a prediction can be made. The Ripple increased in value on average on an average Tuesday with 0.64%. However, the uncertainty of this increase is high. The expected change in value of the Ripple on a Tuesday is between -7.16% and 8.43% (see also the table below).

On an average Wednesday, the Ripple increased 0.59%. However, since the expected deviation is 6.53%, the Ripple will decline in value on a Wednesday quiet regularly. The expected price change of the Ripple on a Wednesday is between -5.94% and 7.12%.

On an average Thursday the Ripple shows an increase in value of 1.53%. However, the change of Ripple on most of the Thursdays is between -9.39% and 12.45%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Ripples.

Historical performance on Friday do not show an increase in value of the Ripple on which a prediction can be made. The Ripple increased in value on average on an average Friday with 0.69%. However, the uncertainty of this increase is high. The expected change in value of the Ripple on a Friday is between -6.88% and 8.26% (see also the table below).

On an average Saturday, the Ripple increased 0.52%. However, since the expected deviation is 12.03%, the Ripple will decline in value on a Saturday quiet regularly. The expected price change of the Ripple on a Saturday is between -11.51% and 12.55%.

Ripple weekday performance details

Find below the details of the performance of Ripple 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
Sunday0.12%13.18%-13.06% to 13.31%
Monday0.38%8.22%-7.84% to 8.60%
Tuesday0.64%7.79%-7.16% to 8.43%
Wednesday0.59%6.53%-5.94% to 7.12%
Thursday1.53%10.92%-9.39% to 12.45%
Friday0.69%7.57%-6.88% to 8.26%
Saturday0.52%12.03%-11.51% to 12.55%