ADA Volatility Analysis for PPI, 13th April 2022

Data Analysis

The data released by Bureau of Labor Statistics for Producer Price Index on 13th April, 2022 has come in at an increase to 1.7% for March 2022. Compared to the previous release for February 2022 at 0.9%, we can see that prices & inflation is increasing month over month.

To see the impact and volatility of ADA's price during the PPI 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 11.563M ADA with prices swinging between 0.9360 and 0.9580, representing a swing of 2.30%. Subsequently, the trading volume increased significantly by 128% to 26.36M ADA. Price action ranged from a low of 0.9340 to a high of 0.9790, a significant difference of 4.60%

15-Minutes Chart Analysis

Analysing on a lower time frame to get a more accurate picture, 659,517 ADA in trading volume was observed prior to the data release. Prices ranged between a low of 0.9370 to a high of 0.9400, a 0.32% change. Immediately following, trading volume decreased by 19% to 535,464 ADA. At this time, Cardano hit a low of 0.9360 with a high of 0.9410, a significant change of 0.53%.

About Producer Price Index

The Producer Price Index (PPI) measures the average change over time in the prices domestic producers receive for their output. It is a measure of inflation at the wholesale level that is compiled from thousands of indexes measuring producer prices by industry and product category. The index is published monthly by the U.S. Bureau of Labor Statistics (BLS).

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.

ADA-USDT

Cardano

Open

0.9550

0.9730

24h Change

0.018 (1.85%)

24h High

0.9810

24h Low

0.9340

24h Volume

82.95M ADA

US Producer Price Index

Bureau of Labor Statistics

13th April, 2022, 8:30AM Timezone: America/New York

Chart Data from Binance

Observations

Time	Open	High	Low	Close	Change	Amplitude	Volume

1 Minute
Before	0.937	0.938	0.937	0.937	0.00%	0.11%	36,109 ADA
During	0.937	0.939	0.937	0.938	0.11%	0.21%	42,698 ADA

5 Minutes
Before	0.939	0.939	0.937	0.937	-0.21%	0.21%	140,298 ADA
During	0.937	0.94	0.937	0.938	0.11%	0.32%	206,895 ADA

10 Minutes
Before	0.939	0.939	0.937	0.937	-0.21%	0.21%	311,629 ADA
During	0.937	0.94	0.936	0.938	0.11%	0.43%	353,042 ADA

15 Minutes
Before	0.938	0.94	0.937	0.937	-0.11%	0.32%	659,517 ADA
During	0.937	0.941	0.936	0.94	0.32%	0.53%	535,464 ADA

30 Minutes
Before	0.938	0.94	0.936	0.937	-0.11%	0.43%	2.259M ADA
During	0.937	0.942	0.936	0.937	0.00%	0.64%	1.103M ADA

1 Hour
Before	0.946	0.947	0.936	0.937	-0.96%	1.16%	3.49M ADA
During	0.937	0.946	0.934	0.945	0.85%	1.27%	2.904M ADA

2 Hours
Before	0.946	0.947	0.936	0.937	-0.96%	1.16%	7.348M ADA
During	0.937	0.971	0.934	0.96	2.40%	3.81%	13.083M ADA

4 Hours
Before	0.953	0.958	0.936	0.937	-1.71%	2.30%	11.563M ADA
During	0.937	0.979	0.934	0.966	3.00%	4.60%	26.36M ADA

6 Hours
Before	0.958	0.96	0.936	0.937	-2.24%	2.50%	18.081M ADA
During	0.937	0.979	0.934	0.968	3.20%	4.60%	34.38M ADA

8 Hours
Before	0.955	0.961	0.943	0.954	-0.10%	1.87%	21.666M ADA
During	0.953	0.979	0.934	0.966	1.35%	4.60%	37.922M ADA

12 Hours
Before	0.955	0.961	0.936	0.937	-1.92%	2.60%	33.228M ADA
During	0.937	0.981	0.934	0.973	3.70%	4.79%	49.721M ADA