Ripple (XRP)

Current price: $ 0.37

24 hours price change: $ 0.04 (11.00%)

Daily analysis of Ripple (XRP) - 2 years

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 2 years, starting on December 19th, 2016 to December 17th, 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 12/19/2016 and 12/17/2018.

According to the performance of Ripple between December 19th, 2016 and December 17th, 2018, Ripple performed the best on Thursdays. On average, the price of Ripple increased 2.46% on Thursday.

The weekday on which the Ripple performed the worst, is Monday. On Mondays, the Ripple rose in value on average by 0.18%. The price still increased on Mondays, allthough it was the smallest increase of all days on average.

Ripple weekday performance

On an average Sunday the Ripple shows an increase in value of 1.81%. However, the change of Ripple on most of the Sundays is between -16.00% and 19.61%. Therefore it is hard to tell whether an average Sunday is a good day to start buying Ripples.

Ripple increased in value on an average Monday only slightly. The average increase in value of the Ripple was 0.18%. 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 (8.41%). This means that on 68 percent of the Mondays, the change in price of the Ripple is expected to be in the range of -8.23% and 8.59%.

On an average Tuesday the Ripple shows an increase in value of 1.10%. However, the change of Ripple on most of the Tuesdays is between -7.19% and 9.39%. Therefore it is hard to tell whether an average Tuesday is a good day to start buying Ripples.

On an average Wednesday, the Ripple increased 0.33%. However, since the expected deviation is 7.18%, the Ripple will decline in value on a Wednesday quiet regularly. The expected price change of the Ripple on a Wednesday is between -6.85% and 7.52%.

On an average Thursday the Ripple shows an increase in value of 2.46%. However, the change of Ripple on most of the Thursdays is between -11.16% and 16.08%. Therefore it is hard to tell whether an average Thursday is a good day to start buying Ripples.

On an average Friday the Ripple shows an increase in value of 1.10%. However, the change of Ripple on most of the Fridays is between -8.42% and 10.62%. Therefore it is hard to tell whether an average Friday is a good day to start buying Ripples.

Ripple increased in value on an average Saturday only slightly. The average increase in value of the Ripple was 0.27%. 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 (5.06%). This means that on 68 percent of the Saturdays, the change in price of the Ripple is expected to be in the range of -4.78% and 5.33%.

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
Sunday1.81%17.81%-16.00% to 19.61%
Monday0.18%8.41%-8.23% to 8.59%
Tuesday1.10%8.29%-7.19% to 9.39%
Wednesday0.33%7.18%-6.85% to 7.52%
Thursday2.46%13.62%-11.16% to 16.08%
Friday1.10%9.52%-8.42% to 10.62%
Saturday0.27%5.06%-4.78% to 5.33%