Ripple (XRP)

Current price: $ 0.34

24 hours price change: $ 0.03 (9.08%)

Daily analysis of Ripple (XRP) - 6 months

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 6 months, starting on June 18th, 2018 to December 16th, 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 06/18/2018 and 12/16/2018.

According to the performance of Ripple between June 18th, 2018 and December 16th, 2018, Ripple performed the best on Tuesdays. On average, the price of Ripple increased 0.65% on Tuesday.

The weekday on which the Ripple performed the worst, is Friday. On Fridays, the Ripple declined in value on average by -1.25%.

Ripple weekday performance

It is hard to tell whether the Ripple will increase or decrease in value on an average Sunday. The average change on a Sunday for the Ripple is -0.07%. However, the standard deviation on this weekday is 1.76%. This means that on most Sundays, the change in value of the Ripple is between -1.83% and 1.69%.

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 -0.01%. However, the standard deviation on this weekday is 4.13%. This means that on most Mondays, the change in value of the Ripple is between -4.13% and 4.12%.

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 0.65%. However, the uncertainty of this increase is high. The expected change in value of the Ripple on a Tuesday is between -4.49% and 5.79% (see also the table below).

On Wednesdays, the Ripple decreases in value on average with -0.62%. On most of the Wednesdays the Ripple decreases in value between -4.92% and 3.68%. The uncertainty (4.30%) is higher than the average decline percentage (-0.62%). Therefore, expected range of price changes of the Ripple on Wednesdays is large.

It is hard to tell whether the Ripple will increase or decrease in value on an average Thursday. The average change on a Thursday for the Ripple is -0.08%. However, the standard deviation on this weekday is 5.99%. This means that on most Thursdays, the change in value of the Ripple is between -6.07% and 5.90%.

The Ripple declines in value on an average Friday with -1.25%. However, the uncertainty (or standard deviation) is quite large, namely 2.71%. This means that it is not possible to say whether on a regular Friday the Ripple will increase or decrease in value.

On an average Saturday, the Ripple increased 0.38%. However, since the expected deviation is 2.36%, the Ripple will decline in value on a Saturday quiet regularly. The expected price change of the Ripple on a Saturday is between -1.97% and 2.74%.

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
Sunday-0.07%1.76%-1.83% to 1.69%
Monday-0.01%4.13%-4.13% to 4.12%
Tuesday0.65%5.14%-4.49% to 5.79%
Wednesday-0.62%4.30%-4.92% to 3.68%
Thursday-0.08%5.99%-6.07% to 5.90%
Friday-1.25%2.71%-3.96% to 1.46%
Saturday0.38%2.36%-1.97% to 2.74%