The data released by Bureau of Economic Analysis for Personal Consumption Expenditures on 26th August, 2022 has come in at a decrease to 0.0% for July 2022. Compared to the previous release for June 2022 at 0.9%, we can see that prices & inflation is still decreasing 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 10.59M HBAR with prices swinging between 0.066300 and 0.068400, representing a swing of 3.07%. Subsequently, the trading volume increased significantly by 220% to 33.897M HBAR. Price action ranged from a low of 0.064800 to a high of 0.068800, a significant difference of 5.81%
Analysing on a lower time frame to get a more accurate picture, 298,342 HBAR in trading volume was observed prior to the data release. Prices ranged between a low of 0.067100 to a high of 0.067400, a 0.45% change. Immediately following, trading volume remain relatively similar at 3.535M HBAR. At this time, Hedera hit a low of 0.067200 with a high of 0.068600, a significant change of 2.04%.
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
0.068300Close
0.06290024h Change
-0.0054 (-8.59%)24h High
0.06890024h Low
0.06170024h Volume
114.82M HBARUS Personal Consumption Expenditures
Bureau of Economic Analysis
26th August, 2022, 8:30AM Timezone: America/New York
Chart Data from Binance
Time | Open | High | Low | Close | Change | Amplitude | Volume |
---|---|---|---|---|---|---|---|
1 Minute | |||||||
Before | 0.0673 | 0.0673 | 0.0673 | 0.0673 | 0.00% | 0.00% | 10,338 HBAR |
During | 0.0673 | 0.0682 | 0.0672 | 0.0681 | 1.17% | 1.47% | 676,569 HBAR |
5 Minutes | |||||||
Before | 0.0671 | 0.0674 | 0.0671 | 0.0673 | 0.30% | 0.45% | 208,954 HBAR |
During | 0.0673 | 0.0685 | 0.0672 | 0.0684 | 1.61% | 1.90% | 2.356M HBAR |
10 Minutes | |||||||
Before | 0.0672 | 0.0674 | 0.0671 | 0.0673 | 0.15% | 0.45% | 263,720 HBAR |
During | 0.0673 | 0.0686 | 0.0672 | 0.0683 | 1.46% | 2.04% | 3.127M HBAR |
15 Minutes | |||||||
Before | 0.0671 | 0.0674 | 0.0671 | 0.0673 | 0.30% | 0.45% | 298,342 HBAR |
During | 0.0673 | 0.0686 | 0.0672 | 0.0682 | 1.32% | 2.04% | 3.535M HBAR |
30 Minutes | |||||||
Before | 0.0669 | 0.0674 | 0.0668 | 0.0673 | 0.59% | 0.89% | 492,011 HBAR |
During | 0.0673 | 0.0687 | 0.0672 | 0.0685 | 1.75% | 2.18% | 4.687M HBAR |
1 Hour | |||||||
Before | 0.0667 | 0.0674 | 0.0665 | 0.0673 | 0.89% | 1.34% | 1.096M HBAR |
During | 0.0673 | 0.0688 | 0.0672 | 0.0684 | 1.61% | 2.33% | 7.636M HBAR |
2 Hours | |||||||
Before | 0.068 | 0.0683 | 0.0663 | 0.0673 | -1.04% | 2.93% | 5.255M HBAR |
During | 0.0673 | 0.0688 | 0.0669 | 0.0675 | 0.30% | 2.76% | 18.081M HBAR |
4 Hours | |||||||
Before | 0.0678 | 0.0684 | 0.0663 | 0.0673 | -0.74% | 3.07% | 10.59M HBAR |
During | 0.0673 | 0.0688 | 0.0648 | 0.0649 | -3.70% | 5.81% | 33.897M HBAR |
6 Hours | |||||||
Before | 0.0675 | 0.0684 | 0.0663 | 0.0673 | -0.30% | 3.07% | 18.018M HBAR |
During | 0.0673 | 0.0688 | 0.0632 | 0.0634 | -6.15% | 8.14% | 45.927M HBAR |
8 Hours | |||||||
Before | 0.0683 | 0.0689 | 0.0667 | 0.0677 | -0.89% | 3.19% | 35.641M HBAR |
During | 0.0678 | 0.0688 | 0.0648 | 0.0649 | -4.47% | 5.81% | 44.487M HBAR |
12 Hours | |||||||
Before | 0.0683 | 0.0689 | 0.0663 | 0.0673 | -1.49% | 3.77% | 46.231M HBAR |
During | 0.0673 | 0.0688 | 0.0617 | 0.0629 | -7.00% | 10.32% | 68.589M HBAR |