Crypto.com Chain (CRO)

Current price: $ 0.09

24 hours price change: $ 0.000807 (0.86%)

Daily analysis of Crypto.com Chain (CRO) - 1 month

The performance of Crypto.com Chain regarding the price differs every day. To make the best decision to buy Crypto.com Chain, we are analysis in this article the performance of Crypto.com Chain on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on January 26th, 2024 to February 26th, 2024.

In the barchart below, the weekdays and average performance of Crypto.com Chain are shown side by side.

Average daily change in price of Crypto.com Chain per weekday between 01/26/2024 and 02/26/2024.

According to the performance of Crypto.com Chain between January 26th, 2024 and February 26th, 2024, Crypto.com Chain performed the best on Mondays. On average, the price of Crypto.com Chain increased 0.65% on Monday.

The weekday on which the Crypto.com Chain performed the worst, is Wednesday. On Wednesdays, the Crypto.com Chain declined in value on average by -0.97%.

Crypto.com Chain weekday performance

Allthough the Crypto.com Chain decreases in value with -0.34% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Crypto.com Chain on Sundays is 0.49%. This means that the expected change of the value of Crypto.com Chain is between -0.84% and 0.15% on 68 out of 100 Sundays.

Historical performance on Monday do not show an increase in value of the Crypto.com Chain on which a prediction can be made. The Crypto.com Chain increased in value on average on an average Monday with 0.65%. However, the uncertainty of this increase is high. The expected change in value of the Crypto.com Chain on a Monday is between -0.93% and 2.23% (see also the table below).

Allthough the Crypto.com Chain decreases in value with -0.53% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Crypto.com Chain on Tuesdays is 0.40%. This means that the expected change of the value of Crypto.com Chain is between -0.94% and -0.13% on 68 out of 100 Tuesdays.

On Wednesdays, the Crypto.com Chain decreases in value on average with -0.97%. On most of the Wednesdays the Crypto.com Chain decreases in value between -1.93% and -0.01%. The uncertainty (0.96%) is higher than the average decline percentage (-0.97%). Therefore, expected range of price changes of the Crypto.com Chain on Wednesdays is large.

Crypto.com Chain increased in value on an average Thursday only slightly. The average increase in value of the Crypto.com Chain was 0.04%. Allthough the Crypto.com Chain closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.77%). This means that on 68 percent of the Thursdays, the change in price of the Crypto.com Chain is expected to be in the range of -0.73% and 0.81%.

Crypto.com Chain increased in value on an average Friday only slightly. The average increase in value of the Crypto.com Chain was 0.10%. Allthough the Crypto.com Chain closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.41%). This means that on 68 percent of the Fridays, the change in price of the Crypto.com Chain is expected to be in the range of -0.31% and 0.51%.

It is hard to tell whether the Crypto.com Chain will increase or decrease in value on an average Saturday. The average change on a Saturday for the Crypto.com Chain is -0.11%. However, the standard deviation on this weekday is 0.49%. This means that on most Saturdays, the change in value of the Crypto.com Chain is between -0.60% and 0.37%.

Crypto.com Chain weekday performance details

Find below the details of the performance of Crypto.com Chain 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.

Weekday Average change (%) Standard deviation (%) 68% range
Sunday -0.34% 0.49% -0.84% to 0.15%
Monday 0.65% 1.58% -0.93% to 2.23%
Tuesday -0.53% 0.40% -0.94% to -0.13%
Wednesday -0.97% 0.96% -1.93% to -0.01%
Thursday 0.04% 0.77% -0.73% to 0.81%
Friday 0.10% 0.41% -0.31% to 0.51%
Saturday -0.11% 0.49% -0.60% to 0.37%
 

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