HBAR Volatility Analysis for PCE, 31st January 2025

Data Analysis

The data released by Bureau of Economic Analysis for Personal Consumption Expenditures on 31st January, 2025 has come in at an increase to 0.3% for December 2024. Compared to the previous release for November 2024 at 0.1%, we can see that prices & inflation is increasing month over month.

To see the impact and volatility of HBAR's price during the PCE release, we will first observe the difference in volume and price changes on the 4-hours chart, followed by the 15-minutes chart. Change in prices will be be determined by the high and low prices instead of the opening and closing prices.

4-Hours Chart Analysis

In the period prior to the release, the trading volume was 31.53M HBAR with prices swinging between 0.310120 and 0.319710, representing a swing of 3.00%. Subsequently, the trading volume increased by 37% to 43.321M HBAR. Price action ranged from a low of 0.313600 to a high of 0.320000, a difference of 2.00%

15-Minutes Chart Analysis

Analysing on a lower time frame to get a more accurate picture, 2.863M HBAR in trading volume was observed prior to the data release. Prices ranged between a low of 0.317410 to a high of 0.319480, a 0.65% change. Immediately following, trading volume decreased by 10% to 2.578M HBAR. At this time, Hedera hit a low of 0.316420 with a high of 0.319140, a change of 0.85%.

About Personal Consumption Expenditures

Personal consumption expenditures (PCE) is a measure of the prices people in the United States pay for goods and services. PCE accounts for about two-thirds of domestic spending and is a significant driver of gross domestic product (GDP). An estimated total of personal consumption expenditures (PCE) is compiled by the Bureau of Economic Analysis as one way to measure and track changes in the prices of consumer goods over time.