Loopring (LRC)

Current price: $ 0.48

24 hours price change: $ 0.04 (9.00%)

Daily analysis of Loopring (LRC) - 1 month

The performance of Loopring regarding the price differs every day. To make the best decision to buy Loopring, we are analysis in this article the performance of Loopring on the different weekdays. The amounts for this analysis are in USD ($). The analysis is performed on the last 1 month, starting on July 7th, 2022 to August 7th, 2022.

In the barchart below, the weekdays and average performance of Loopring are shown side by side.

Average daily change in price of Loopring per weekday between 07/07/2022 and 08/07/2022.

According to the performance of Loopring between July 7th, 2022 and August 7th, 2022, Loopring performed the best on Fridays. On average, the price of Loopring increased 0.44% on Friday.

The weekday on which the Loopring performed the worst, is Monday. On Mondays, the Loopring declined in value on average by -0.06%.

Loopring weekday performance

It is hard to tell whether the Loopring will increase or decrease in value on an average Sunday. The average change on a Sunday for the Loopring is -0.05%. However, the standard deviation on this weekday is 0.06%. This means that on most Sundays, the change in value of the Loopring is between -0.12% and 0.01%.

It is hard to tell whether the Loopring will increase or decrease in value on an average Monday. The average change on a Monday for the Loopring is -0.06%. However, the standard deviation on this weekday is 0.27%. This means that on most Mondays, the change in value of the Loopring is between -0.33% and 0.21%.

Loopring increased in value on an average Tuesday only slightly. The average increase in value of the Loopring was 0.06%. Allthough the Loopring closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.29%). This means that on 68 percent of the Tuesdays, the change in price of the Loopring is expected to be in the range of -0.23% and 0.35%.

Loopring increased in value on an average Wednesday only slightly. The average increase in value of the Loopring was 0.06%. Allthough the Loopring closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.18%). This means that on 68 percent of the Wednesdays, the change in price of the Loopring is expected to be in the range of -0.11% and 0.24%.

Loopring increased in value on an average Thursday only slightly. The average increase in value of the Loopring was 0.09%. Allthough the Loopring closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.11%). This means that on 68 percent of the Thursdays, the change in price of the Loopring is expected to be in the range of -0.02% and 0.20%.

On an average Friday, the Loopring increased 0.44%. However, since the expected deviation is 0.58%, the Loopring will decline in value on a Friday quiet regularly. The expected price change of the Loopring on a Friday is between -0.15% and 1.02%.

Loopring increased in value on an average Saturday only slightly. The average increase in value of the Loopring was 0.11%. Allthough the Loopring closed a little higher very day compared to the opening, the variability of this result is high, as shown by the standard deviation (0.16%). This means that on 68 percent of the Saturdays, the change in price of the Loopring is expected to be in the range of -0.06% and 0.27%.

Loopring weekday performance details

Find below the details of the performance of Loopring 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 -0.05% 0.06% -0.12% to 0.01%
Monday -0.06% 0.27% -0.33% to 0.21%
Tuesday 0.06% 0.29% -0.23% to 0.35%
Wednesday 0.06% 0.18% -0.11% to 0.24%
Thursday 0.09% 0.11% -0.02% to 0.20%
Friday 0.44% 0.58% -0.15% to 1.02%
Saturday 0.11% 0.16% -0.06% to 0.27%
 

About Us

: Financial indicators for cryptocurrencies