The performance of Dogecoin regarding the price differs every day. To make the best decision to buy Dogecoin, we are analysis in this article the performance of Dogecoin 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 Dogecoin are shown side by side.
According to the performance of Dogecoin between July 20th, 2021 and January 20th, 2022, Dogecoin performed the best on Thursdays. On average, the price of Dogecoin increased 0.81% on Thursday.
The weekday on which the Dogecoin performed the worst, is Monday. On Mondays, the Dogecoin declined in value on average by -0.24%.
Dogecoin weekday performance
It is hard to tell whether the Dogecoin will increase or decrease in value on an average Sunday. The average change on a Sunday for the Dogecoin is -0.01%. However, the standard deviation on this weekday is 1.02%. This means that on most Sundays, the change in value of the Dogecoin is between -1.03% and 1.01%.
It is hard to tell whether the Dogecoin will increase or decrease in value on an average Monday. The average change on a Monday for the Dogecoin is -0.24%. However, the standard deviation on this weekday is 0.83%. This means that on most Mondays, the change in value of the Dogecoin is between -1.07% and 0.59%.
It is hard to tell whether the Dogecoin will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Dogecoin is -0.22%. However, the standard deviation on this weekday is 1.60%. This means that on most Tuesdays, the change in value of the Dogecoin is between -1.82% and 1.38%.
It is hard to tell whether the Dogecoin will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Dogecoin is -0.09%. However, the standard deviation on this weekday is 1.04%. This means that on most Wednesdays, the change in value of the Dogecoin is between -1.13% and 0.95%.
Historical performance on Thursday do not show an increase in value of the Dogecoin on which a prediction can be made. The Dogecoin increased in value on average on an average Thursday with 0.81%. However, the uncertainty of this increase is high. The expected change in value of the Dogecoin on a Thursday is between -4.36% and 5.98% (see also the table below).
Dogecoin increased in value on an average Friday only slightly. The average increase in value of the Dogecoin was 0.12%. Allthough the Dogecoin closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (1.58%). This means that on 68 percent of the Fridays, the change in price of the Dogecoin is expected to be in the range of -1.46% and 1.70%.
It is hard to tell whether the Dogecoin will increase or decrease in value on an average Saturday. The average change on a Saturday for the Dogecoin is -0.16%. However, the standard deviation on this weekday is 1.47%. This means that on most Saturdays, the change in value of the Dogecoin is between -1.63% and 1.32%.
Dogecoin weekday performance details
Find below the details of the performance of Dogecoin 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 | -0.01% | 1.02% | -1.03% to 1.01% |
| Monday | -0.24% | 0.83% | -1.07% to 0.59% |
| Tuesday | -0.22% | 1.60% | -1.82% to 1.38% |
| Wednesday | -0.09% | 1.04% | -1.13% to 0.95% |
| Thursday | 0.81% | 5.17% | -4.36% to 5.98% |
| Friday | 0.12% | 1.58% | -1.46% to 1.70% |
| Saturday | -0.16% | 1.47% | -1.63% to 1.32% |