HBAR Volatility Analysis for PCE, 26th July 2024

Data Analysis

The data released by Bureau of Economic Analysis for Personal Consumption Expenditures on 26th July, 2024 has come in at an increase to 0.1% for June 2024. Compared to the previous release for May 2024 at 0.0%, 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 8.348M HBAR with prices swinging between 0.067000 and 0.067700, representing a swing of 1.03%. Subsequently, the trading volume increased significantly by 160% to 21.718M HBAR. Price action ranged from a low of 0.066800 to a high of 0.068400, a significant difference of 2.34%

15-Minutes Chart Analysis

Analysing on a lower time frame to get a more accurate picture, 372,223 HBAR in trading volume was observed prior to the data release. Prices ranged between a low of 0.067400 to a high of 0.067600, a 0.30% change. Immediately following, trading volume increased by 44% to 537,638 HBAR. At this time, Hedera hit a low of 0.067100 with a high of 0.067600, a significant change of 0.74%.

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.

Disclaimer

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.

HBAR-USDT

Hedera

Open

0.066300

0.068500

24h Change

0.0022 (3.21%)

24h High

0.068600

24h Low

0.065900

24h Volume

78.954M HBAR

US Personal Consumption Expenditures

Bureau of Economic Analysis

26th July, 2024, 8:30AM Timezone: America/New York

Chart Data from Binance

Observations

Time	Open	High	Low	Close	Change	Amplitude	Volume

1 Minute
Before	0.0676	0.0676	0.0675	0.0676	0.00%	0.15%	8,565 HBAR
During	0.0675	0.0676	0.0675	0.0675	0.00%	0.15%	40,993 HBAR

5 Minutes
Before	0.0674	0.0676	0.0674	0.0676	0.30%	0.30%	120,350 HBAR
During	0.0675	0.0676	0.0673	0.0673	-0.30%	0.44%	222,040 HBAR

10 Minutes
Before	0.0675	0.0676	0.0674	0.0676	0.15%	0.30%	260,114 HBAR
During	0.0675	0.0676	0.0672	0.0673	-0.30%	0.59%	357,912 HBAR

15 Minutes
Before	0.0674	0.0676	0.0674	0.0676	0.30%	0.30%	372,223 HBAR
During	0.0675	0.0676	0.0671	0.0672	-0.45%	0.74%	537,638 HBAR

30 Minutes
Before	0.0674	0.0676	0.0674	0.0676	0.30%	0.30%	493,312 HBAR
During	0.0675	0.0676	0.0671	0.0673	-0.30%	0.74%	783,105 HBAR

1 Hour
Before	0.0673	0.0676	0.0672	0.0676	0.44%	0.59%	2.016M HBAR
During	0.0675	0.0676	0.0669	0.0672	-0.45%	1.04%	2.607M HBAR

2 Hours
Before	0.0673	0.0676	0.067	0.0676	0.44%	0.89%	3.925M HBAR
During	0.0675	0.068	0.0669	0.0672	-0.45%	1.62%	10.897M HBAR

4 Hours
Before	0.0674	0.0677	0.067	0.0676	0.30%	1.03%	8.348M HBAR
During	0.0675	0.0684	0.0668	0.0683	1.17%	2.34%	21.718M HBAR

6 Hours
Before	0.0675	0.0681	0.067	0.0676	0.15%	1.62%	13.691M HBAR
During	0.0675	0.0686	0.0668	0.0681	0.88%	2.62%	33.574M HBAR

8 Hours
Before	0.0663	0.0681	0.0659	0.0674	1.63%	3.23%	22.873M HBAR
During	0.0674	0.0684	0.0668	0.0683	1.32%	2.34%	30.066M HBAR

12 Hours
Before	0.0663	0.0681	0.0659	0.0676	1.92%	3.23%	31.221M HBAR
During	0.0675	0.0686	0.0668	0.0685	1.46%	2.62%	47.732M HBAR