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 1 month, starting on May 3rd, 2023 to June 3rd, 2023.
In the barchart below, the weekdays and average performance of Ripple are shown side by side.
According to the performance of Ripple between May 3rd, 2023 and June 3rd, 2023, Ripple performed the best on Fridays. On average, the price of Ripple increased 0.14% on Friday.
The weekday on which the Ripple performed the worst, is Thursday. On Thursdays, the Ripple declined in value on average by -0.75%.
Ripple weekday performance
It is hard to tell whether the Ripple will increase or decrease in value on an average Sunday. The average change on a Sunday for the Ripple is -0.04%. However, the standard deviation on this weekday is 0.14%. This means that on most Sundays, the change in value of the Ripple is between -0.18% and 0.11%.
It is hard to tell whether the Ripple will increase or decrease in value on an average Monday. The average change on a Monday for the Ripple is -0.29%. However, the standard deviation on this weekday is 0.51%. This means that on most Mondays, the change in value of the Ripple is between -0.80% and 0.23%.
It is hard to tell whether the Ripple will increase or decrease in value on an average Tuesday. The average change on a Tuesday for the Ripple is -0.17%. However, the standard deviation on this weekday is 0.28%. This means that on most Tuesdays, the change in value of the Ripple is between -0.45% and 0.11%.
It is hard to tell whether the Ripple will increase or decrease in value on an average Wednesday. The average change on a Wednesday for the Ripple is -0.04%. However, the standard deviation on this weekday is 0.55%. This means that on most Wednesdays, the change in value of the Ripple is between -0.59% and 0.51%.
On Thursdays, the Ripple decreases in value on average with -0.75%. On most of the Thursdays the Ripple decreases in value between -1.23% and -0.26%. The uncertainty (0.49%) is higher than the average decline percentage (-0.75%). Therefore, expected range of price changes of the Ripple on Thursdays is large.
Ripple increased in value on an average Friday only slightly. The average increase in value of the Ripple was 0.14%. 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 (0.23%). This means that on 68 percent of the Fridays, the change in price of the Ripple is expected to be in the range of -0.09% and 0.37%.
Allthough the Ripple decreases in value with -0.37% on an average Saturday, the uncertainty of this decline is large. The standard deviation of the change of Ripple on Saturdays is 0.32%. This means that the expected change of the value of Ripple is between -0.70% and -0.05% on 68 out of 100 Saturdays.
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.
Weekday | Average change (%) | Standard deviation (%) | 68% range |
Sunday | -0.04% | 0.14% | -0.18% to 0.11% |
Monday | -0.29% | 0.51% | -0.80% to 0.23% |
Tuesday | -0.17% | 0.28% | -0.45% to 0.11% |
Wednesday | -0.04% | 0.55% | -0.59% to 0.51% |
Thursday | -0.75% | 0.49% | -1.23% to -0.26% |
Friday | 0.14% | 0.23% | -0.09% to 0.37% |
Saturday | -0.37% | 0.32% | -0.70% to -0.05% |