ADA Volatility Analysis for Continued Claims, 30th January 2025

Data Analysis

The release

Released by the Department of Labor on 30 January 2025 at 8:30 AM EST. Continued Jobless Claims rose to 1874K for the week ending 18th Jan, from 1849K in the week ending 11th Jan.

It arrived at the same moment as Gross Domestic Product Report and Initial Jobless Claims, so the reaction measured on this page belongs to all of them together.

Measured by Clometrix

Cardano's volatility ratio was 1.38x, against 1.35x for a typical Continued Claims release since 2021. Its volume ratio was 1.48x, against a typical 1.63x. Under 1.5x is not a reaction at all: the market barely noticed this release. Both compare the quarter hour of the release with an ordinary quarter hour that same day, where 1.00x is no change: volatility is how far the price ranged, volume how much traded.

How Cardano moved

Cardano was at $0.9629 when the figure came out. Fifteen minutes later it was 0.24% lower, and an hour later 0.39% higher. Its high-to-low range in the hour after was 1.09% of its price, against 1.27% in the hour before.

What made it matter

Since 2021, Continued Claims releases in the two weeks before a Fed decision have moved Cardano about as much as those at other times: a median volatility ratio of 1.33x across 93, against 1.36x across 206. This one came out the day after the Federal Reserve's 29 January rate decision. Its own ratio of 1.38x compares with 1.36x for those, about what its circumstances would suggest.

About Continued Jobless Claims

The weekly claims report is released Thursdays at 8:30 a.m. ET by the U.S. Department of Labor (DOL). Continued claims, also referred to as insured unemployment, is the number of people who have already filed an initial claim and who have experienced a week of unemployment and then filed a continued claim to claim benefits for that week of unemployment. Continued claims data are based on the week of unemployment, not the week when the initial claim was filed.

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

0.9600

0.9531

24h Change

-0.01 (-0.72%)

24h High

0.9886

24h Low

0.9508

24h Volume

86.226M ADA

US Continued Jobless Claims

Department of Labor

30th January, 2025, 8:30AM Timezone: America/New York

Chart Data from Binance

Observations

Time	Open	High	Low	Close	Change	Amplitude	Volume

1 Minute
Before	0.9609	0.963	0.9609	0.963	0.22%	0.22%	57,150 ADA
During	0.9629	0.9639	0.9614	0.9623	-0.06%	0.26%	269,356 ADA

5 Minutes
Before	0.9596	0.963	0.9589	0.963	0.35%	0.43%	266,650 ADA
During	0.9629	0.9643	0.9601	0.9617	-0.12%	0.44%	541,753 ADA

10 Minutes
Before	0.9595	0.963	0.9585	0.963	0.36%	0.47%	658,227 ADA
During	0.9629	0.9643	0.9595	0.9599	-0.31%	0.50%	800,033 ADA

15 Minutes
Before	0.956	0.963	0.956	0.963	0.73%	0.73%	1.348M ADA
During	0.9629	0.9643	0.9581	0.9606	-0.24%	0.64%	1.015M ADA

30 Minutes
Before	0.9554	0.963	0.9508	0.963	0.79%	1.27%	2.266M ADA
During	0.9629	0.9643	0.9567	0.9608	-0.22%	0.79%	1.785M ADA

1 Hour
Before	0.9557	0.963	0.9508	0.963	0.76%	1.27%	3.213M ADA
During	0.9629	0.9672	0.9567	0.9667	0.39%	1.09%	4.764M ADA

2 Hours
Before	0.9597	0.9654	0.9508	0.963	0.34%	1.51%	5.999M ADA
During	0.9629	0.9886	0.9567	0.9799	1.73%	3.23%	18.251M ADA

4 Hours
Before	0.964	0.9673	0.9508	0.963	-0.10%	1.71%	10.87M ADA
During	0.9629	0.9886	0.9567	0.9692	0.65%	3.23%	29.06M ADA

6 Hours
Before	0.9608	0.9673	0.9508	0.963	0.23%	1.71%	15.598M ADA
During	0.9629	0.9886	0.9567	0.9629	0.00%	3.23%	36.982M ADA

8 Hours
Before	0.96	0.9712	0.9539	0.9641	0.43%	1.78%	23.186M ADA
During	0.964	0.9886	0.9508	0.9692	0.54%	3.82%	39.93M ADA

12 Hours
Before	0.96	0.9712	0.9508	0.963	0.31%	2.10%	34.057M ADA
During	0.9629	0.9886	0.9515	0.9531	-1.03%	3.75%	52.169M ADA