Ripple (XRP)

Current price: $ 0.32

24 hours price change: $ 0.0077 (2.50%)

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 November 9th, 2018 to December 7th, 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 11/09/2018 and 12/07/2018.

According to the performance of Ripple between November 9th, 2018 and December 7th, 2018, Ripple performed the best on Sundays. On average, the price of Ripple increased 1.08% on Sunday.

The weekday on which the Ripple performed the worst, is Monday. On Mondays, the Ripple declined in value on average by -3.39%.

Ripple weekday performance

On an average Sunday the Ripple shows an increase in value of 1.08%. However, the change of Ripple on most of the Sundays is between -0.96% and 3.11%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Ripples.

The decrease in value of the Ripple is -3.39% on an average Monday. The uncertainty of the average change is high for the Ripple on Mondays. This means that it is hard to tell whether the Ripple will decrease or increase in value on an average Monday. If we look at the 68% range of the Ripple, we see that on 68% of the Mondays, the expected change of the Ripple is between -6.84% and 0.06%.

The Ripple declines in value on an average Tuesday with -2.21%. However, the uncertainty (or standard deviation) is quite large, namely 3.92%. This means that it is not possible to say whether on a regular Tuesday the Ripple will increase or decrease in value.

On Wednesdays, the Ripple decreases in value on average with -0.72%. On most of the Wednesdays the Ripple decreases in value between -6.96% and 5.52%. The uncertainty (6.24%) is higher than the average decline percentage (-0.72%). Therefore, expected range of price changes of the Ripple on Wednesdays is large.

The Ripple declines in value on an average Thursday with -2.88%. However, the uncertainty (or standard deviation) is quite large, namely 4.05%. This means that it is not possible to say whether on a regular Thursday the Ripple will increase or decrease in value.

The Ripple declines in value on an average Friday with -2.20%. However, the uncertainty (or standard deviation) is quite large, namely 1.90%. This means that it is not possible to say whether on a regular Friday the Ripple will increase or decrease in value.

It is hard to tell whether the Ripple will increase or decrease in value on an average Saturday. The average change on a Saturday for the Ripple is -0.10%. However, the standard deviation on this weekday is 4.95%. This means that on most Saturdays, the change in value of the Ripple is between -5.05% and 4.85%.

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
Sunday1.08%2.03%-0.96% to 3.11%
Monday-3.39%3.45%-6.84% to 0.06%
Tuesday-2.21%3.92%-6.12% to 1.71%
Wednesday-0.72%6.24%-6.96% to 5.52%
Thursday-2.88%4.05%-6.93% to 1.18%
Friday-2.20%1.90%-4.11% to -0.30%
Saturday-0.10%4.95%-5.05% to 4.85%