Ripple (XRP)

Current price: $ 0.31

24 hours price change: $ 0.001200 (0.38%)

Daily analysis of Ripple (XRP) - 3 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 3 months, starting on April 15th, 2019 to July 13th, 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 04/15/2019 and 07/13/2019.

According to the performance of Ripple between April 15th, 2019 and July 13th, 2019, Ripple performed the best on Fridays. On average, the price of Ripple increased 1.18% on Friday.

The weekday on which the Ripple performed the worst, is Thursday. On Thursdays, the Ripple declined in value on average by -3.18%.

Ripple weekday performance

Historical performance on Sunday 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 Sunday with 0.62%. However, the uncertainty of this increase is high. The expected change in value of the Ripple on a Sunday is between -4.68% and 5.93% (see also the table below).

Historical performance on Monday 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 Monday with 0.91%. However, the uncertainty of this increase is high. The expected change in value of the Ripple on a Monday is between -2.67% and 4.48% (see also the table below).

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 0.75%. However, the uncertainty of this increase is high. The expected change in value of the Ripple on a Tuesday is between -6.96% and 8.45% (see also the table below).

Ripple increased in value on an average Wednesday only slightly. The average increase in value of the Ripple was 0.11%. 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 (5.05%). This means that on 68 percent of the Wednesdays, the change in price of the Ripple is expected to be in the range of -4.94% and 5.16%.

The decrease in value of the Ripple is -3.18% 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 -7.83% and 1.47%.

On an average Friday the Ripple shows an increase in value of 1.18%. However, the change of Ripple on most of the Fridays is between -2.01% and 4.37%. Therefore it is hard to tell whether an average Friday is a good day to start buying Ripples.

On an average Saturday, the Ripple increased 0.41%. However, since the expected deviation is 3.74%, the Ripple will decline in value on a Saturday quiet regularly. The expected price change of the Ripple on a Saturday is between -3.33% and 4.15%.

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
Sunday0.62%5.31%-4.68% to 5.93%
Monday0.91%3.57%-2.67% to 4.48%
Tuesday0.75%7.70%-6.96% to 8.45%
Wednesday0.11%5.05%-4.94% to 5.16%
Thursday-3.18%4.65%-7.83% to 1.47%
Friday1.18%3.19%-2.01% to 4.37%
Saturday0.41%3.74%-3.33% to 4.15%