The data released by Bureau of Economic Analysis for Personal Consumption Expenditures on 31st October, 2024 has come in at an increase to 0.2% for September 2024. Compared to the previous release for August 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.
In the period prior to the release, the trading volume was 27.388M HBAR with prices swinging between 0.046900 and 0.047600, representing a swing of 1.47%. Subsequently, the trading volume increased considerably by 95% to 53.319M HBAR. Price action ranged from a low of 0.046100 to a high of 0.047300, a significant difference of 2.54%
Analysing on a lower time frame to get a more accurate picture, 2.122M HBAR in trading volume was observed prior to the data release. Prices ranged between a low of 0.046900 to a high of 0.047200, a 0.64% change. Immediately following, trading volume decreased by 14% to 1.817M HBAR. At this time, Hedera hit a low of 0.047000 with a high of 0.047300, a change of 0.63%.
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.
The data analysis, forecasted results and projections provided herein are based on historical price action and market trends. While every effort has been made to ensure the accuracy of the information, these predictions are speculative and should not be considered a guarantee of future performance. Market conditions can change rapidly, and past performance is not indicative of future results. Trading and investing involve significant risk, and you should conduct your own research and consult with a licensed financial advisor before making any investment decisions. We do not assume any liability for any losses that may result from reliance on this information.
Hedera
Open
0.048700Close
0.04650024h Change
-0.0022 (-4.73%)24h High
0.04870024h Low
0.04560024h Volume
216.492M HBARUS Personal Consumption Expenditures
Bureau of Economic Analysis
31st October, 2024, 8:30AM Timezone: America/New York
Chart Data from Binance
Time | Open | High | Low | Close | Change | Amplitude | Volume |
---|---|---|---|---|---|---|---|
1 Minute | |||||||
Before | 0.0471 | 0.0472 | 0.0471 | 0.0471 | 0.00% | 0.21% | 9,914 HBAR |
During | 0.0471 | 0.0471 | 0.047 | 0.0471 | 0.00% | 0.21% | 332,796 HBAR |
5 Minutes | |||||||
Before | 0.047 | 0.0472 | 0.047 | 0.0471 | 0.21% | 0.42% | 141,446 HBAR |
During | 0.0471 | 0.0472 | 0.047 | 0.0471 | 0.00% | 0.42% | 668,084 HBAR |
10 Minutes | |||||||
Before | 0.0471 | 0.0472 | 0.0469 | 0.0471 | 0.00% | 0.64% | 2.008M HBAR |
During | 0.0471 | 0.0473 | 0.047 | 0.0471 | 0.00% | 0.63% | 1.723M HBAR |
15 Minutes | |||||||
Before | 0.0471 | 0.0472 | 0.0469 | 0.0471 | 0.00% | 0.64% | 2.122M HBAR |
During | 0.0471 | 0.0473 | 0.047 | 0.0471 | 0.00% | 0.63% | 1.817M HBAR |
30 Minutes | |||||||
Before | 0.0472 | 0.0473 | 0.0469 | 0.0471 | -0.21% | 0.85% | 4.239M HBAR |
During | 0.0471 | 0.0473 | 0.047 | 0.0472 | 0.21% | 0.63% | 4.812M HBAR |
1 Hour | |||||||
Before | 0.0473 | 0.0474 | 0.0469 | 0.0471 | -0.42% | 1.05% | 6.267M HBAR |
During | 0.0471 | 0.0473 | 0.0469 | 0.0469 | -0.43% | 0.85% | 8.684M HBAR |
2 Hours | |||||||
Before | 0.0471 | 0.0476 | 0.0469 | 0.0471 | 0.00% | 1.47% | 18.28M HBAR |
During | 0.0471 | 0.0473 | 0.0461 | 0.0465 | -1.29% | 2.54% | 30.698M HBAR |
4 Hours | |||||||
Before | 0.0471 | 0.0476 | 0.0469 | 0.0471 | 0.00% | 1.47% | 27.388M HBAR |
During | 0.0471 | 0.0473 | 0.0461 | 0.0464 | -1.51% | 2.54% | 53.319M HBAR |
6 Hours | |||||||
Before | 0.0476 | 0.0477 | 0.0469 | 0.0471 | -1.06% | 1.68% | 39.931M HBAR |
During | 0.0471 | 0.0473 | 0.0456 | 0.0458 | -2.84% | 3.59% | 76.257M HBAR |
8 Hours | |||||||
Before | 0.0487 | 0.0487 | 0.0471 | 0.0472 | -3.18% | 3.29% | 62.793M HBAR |
During | 0.0471 | 0.0476 | 0.0461 | 0.0464 | -1.51% | 3.15% | 80.707M HBAR |
12 Hours | |||||||
Before | 0.0487 | 0.0487 | 0.0469 | 0.0471 | -3.40% | 3.70% | 90.181M HBAR |
During | 0.0471 | 0.0473 | 0.0456 | 0.0465 | -1.29% | 3.59% | 126.311M HBAR |