Ripple (XRP)

Current price: $ 0.38

24 hours price change: $ 0.02 (4.83%)

Daily analysis of Ripple (XRP) - 1 month

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 1 month, starting on April 24th, 2019 to May 22nd, 2019.

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 04/24/2019 and 05/22/2019.

According to the performance of Ripple between April 24th, 2019 and May 22nd, 2019, Ripple performed the best on Tuesdays. On average, the price of Ripple increased 5.56% on Tuesday.

The weekday on which the Ripple performed the worst, is Thursday. On Thursdays, the Ripple declined in value on average by -3.86%.

Ripple weekday performance

On an average Sunday the Ripple shows an increase in value of 2.06%. However, the change of Ripple on most of the Sundays is between -4.37% and 8.49%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Ripples.

It is hard to tell whether the Ripple will increase or decrease in value on an average Monday. The average change on a Monday for the Ripple is -0.10%. However, the standard deviation on this weekday is 3.32%. This means that on most Mondays, the change in value of the Ripple is between -3.42% and 3.22%.

The increase in value of the Ripple is 5.56% on an average Tuesday. However, the uncertainty on the average change is high for the Ripple on Tuesdays. This is the reason why an expected increase of the Ripple on an average Tuesday cannot be predicted. The standard deviation for Ripple on Tuesdays is high, namely 12.01%. This means that the expected range of value change for the Ripple is -6.45% and 17.56% on 68% of the Tuesdays.

On an average Wednesday, the Ripple increased 0.41%. However, since the expected deviation is 6.91%, the Ripple will decline in value on a Wednesday quiet regularly. The expected price change of the Ripple on a Wednesday is between -6.49% and 7.32%.

The decrease in value of the Ripple is -3.86% on an average Thursday. The uncertainty of the average change is high for the Ripple on Thursdays. This means that it is hard to tell whether the Ripple will decrease or increase in value on an average Thursday. If we look at the 68% range of the Ripple, we see that on 68% of the Thursdays, the expected change of the Ripple is between -7.08% and -0.63%.

It is hard to tell whether the Ripple will increase or decrease in value on an average Friday. The average change on a Friday for the Ripple is -0.13%. However, the standard deviation on this weekday is 4.09%. This means that on most Fridays, the change in value of the Ripple is between -4.22% and 3.96%.

Historical performance on Saturday 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 Saturday with 0.61%. However, the uncertainty of this increase is high. The expected change in value of the Ripple on a Saturday is between -4.34% and 5.57% (see also the table below).

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
Sunday2.06%6.43%-4.37% to 8.49%
Monday-0.10%3.32%-3.42% to 3.22%
Tuesday5.56%12.01%-6.45% to 17.56%
Wednesday0.41%6.91%-6.49% to 7.32%
Thursday-3.86%3.22%-7.08% to -0.63%
Friday-0.13%4.09%-4.22% to 3.96%
Saturday0.61%4.95%-4.34% to 5.57%