Ripple (XRP)

Current price: $ 0.87

24 hours price change: $ 0.04 (4.46%)

Daily analysis of Ripple (XRP) - 3 months

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 3 months, starting on March 13th, 2021 to June 12th, 2021.

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

Average daily change in price of Ripple per weekday between 03/13/2021 and 06/12/2021.

According to the performance of Ripple between March 13th, 2021 and June 12th, 2021, Ripple performed the best on Saturdays. On average, the price of Ripple increased 1.92% on Saturday.

The weekday on which the Ripple performed the worst, is Wednesday. On Wednesdays, the Ripple declined in value on average by -0.94%.

Ripple weekday performance

Allthough the Ripple decreases in value with -0.34% on an average Sunday, the uncertainty of this decline is large. The standard deviation of the change of Ripple on Sundays is 1.34%. This means that the expected change of the value of Ripple is between -1.68% and 1.01% on 68 out of 100 Sundays.

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 -0.18%. However, the standard deviation on this weekday is 3.31%. This means that on most Mondays, the change in value of the Ripple is between -3.48% and 3.13%.

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 -0.07%. However, the standard deviation on this weekday is 2.92%. This means that on most Tuesdays, the change in value of the Ripple is between -3.00% and 2.85%.

On Wednesdays, the Ripple decreases in value on average with -0.94%. On most of the Wednesdays the Ripple decreases in value between -5.62% and 3.73%. The uncertainty (4.67%) is higher than the average decline percentage (-0.94%). Therefore, expected range of price changes of the Ripple on Wednesdays is large.

On Thursdays, the Ripple decreases in value on average with -0.90%. On most of the Thursdays the Ripple decreases in value between -3.18% and 1.39%. The uncertainty (2.29%) is higher than the average decline percentage (-0.90%). Therefore, expected range of price changes of the Ripple on Thursdays is large.

On an average Friday the Ripple shows an increase in value of 1.88%. However, the change of Ripple on most of the Fridays is between -2.72% and 6.49%. Therefore it is hard to tell whether an average Friday is a good day to start buying Ripples.

On an average Saturday the Ripple shows an increase in value of 1.92%. However, the change of Ripple on most of the Saturdays is between -7.28% and 11.13%. Therefore it is hard to tell whether an average Saturday is a good day to start buying Ripples.

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 -0.34% 1.34% -1.68% to 1.01%
Monday -0.18% 3.31% -3.48% to 3.13%
Tuesday -0.07% 2.92% -3.00% to 2.85%
Wednesday -0.94% 4.67% -5.62% to 3.73%
Thursday -0.90% 2.29% -3.18% to 1.39%
Friday 1.88% 4.60% -2.72% to 6.49%
Saturday 1.92% 9.21% -7.28% to 11.13%
 

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