Crypto.com Chain (CRO)

Current price: $ 0.44

24 hours price change: $ 0.01 (2.70%)

Daily analysis of Crypto.com Chain (CRO) - 6 months

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 6 months, starting on July 20th, 2021 to January 20th, 2022.

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 07/20/2021 and 01/20/2022.

According to the performance of Crypto.com Chain between July 20th, 2021 and January 20th, 2022, Crypto.com Chain performed the best on Wednesdays. On average, the price of Crypto.com Chain increased 1.11% on Wednesday.

The weekday on which the Crypto.com Chain performed the worst, is Tuesday. On Tuesdays, the Crypto.com Chain declined in value on average by -0.39%.

Crypto.com Chain weekday performance

Crypto.com Chain increased in value on an average Sunday only slightly. The average increase in value of the Crypto.com Chain was 0.15%. 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 (1.85%). This means that on 68 percent of the Sundays, the change in price of the Crypto.com Chain is expected to be in the range of -1.71% and 2.00%.

It is hard to tell whether the Crypto.com Chain will increase or decrease in value on an average Monday. The average change on a Monday for the Crypto.com Chain is -0.26%. However, the standard deviation on this weekday is 1.34%. This means that on most Mondays, the change in value of the Crypto.com Chain is between -1.60% and 1.08%.

Allthough the Crypto.com Chain decreases in value with -0.39% on an average Tuesday, the uncertainty of this decline is large. The standard deviation of the change of Crypto.com Chain on Tuesdays is 1.65%. This means that the expected change of the value of Crypto.com Chain is between -2.04% and 1.26% on 68 out of 100 Tuesdays.

On an average Wednesday the Crypto.com Chain shows an increase in value of 1.11%. However, the change of Crypto.com Chain on most of the Wednesdays is between -4.68% and 6.90%. Therefore it is hard to tell whether an average Wednesday is a good day to start buying Crypto.com Chains.

It is hard to tell whether the Crypto.com Chain will increase or decrease in value on an average Thursday. The average change on a Thursday for the Crypto.com Chain is -0.06%. However, the standard deviation on this weekday is 2.19%. This means that on most Thursdays, the change in value of the Crypto.com Chain is between -2.25% and 2.12%.

Historical performance on Friday 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 Friday with 0.78%. However, the uncertainty of this increase is high. The expected change in value of the Crypto.com Chain on a Friday is between -2.83% and 4.39% (see also the table below).

Allthough the Crypto.com Chain decreases in value with -0.35% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Crypto.com Chain on Saturdays is 1.69%. This means that the expected change of the value of Crypto.com Chain is between -2.04% and 1.34% on 68 out of 100 Saturdays.

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 0.15% 1.85% -1.71% to 2.00%
Monday -0.26% 1.34% -1.60% to 1.08%
Tuesday -0.39% 1.65% -2.04% to 1.26%
Wednesday 1.11% 5.79% -4.68% to 6.90%
Thursday -0.06% 2.19% -2.25% to 2.12%
Friday 0.78% 3.61% -2.83% to 4.39%
Saturday -0.35% 1.69% -2.04% to 1.34%
 

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