Data Analysis
The data released by Bureau of Economic Analysis for Personal Income and Outlays on 30th June, 2022 has come in at an increase to 0.4% for May 2022. Compared to the previous release for April 2022 at 0.4%, we can see that consumer sentiment is increasing month over month.
To see the impact and volatility of ETH's price during the Personal Income 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 284,451 ETH with prices swinging between 1,011.87 and 1,054.15, representing a swing of 4.01%. Subsequently, the trading volume increased by 14% to 324,779 ETH. Price action ranged from a low of 998.00 to a high of 1,041.67, a difference of 4.19%
15-Minutes Chart Analysis
Analysing on a lower time frame to get a more accurate picture, 9,987 ETH in trading volume was observed prior to the data release. Prices ranged between a low of 1,014.00 to a high of 1,025.15, a 1.09% change. Immediately following, trading volume increased significantly by 194% to 29,385 ETH. At this time, Ethereum hit a low of 1,024.40 with a high of 1,037.10, a change of 1.22%.
About Personal Income and Outlays
Personal Income measures the change in the total value of income received from all sources by consumers. Income is closely correlated with consumer spending, which accounts for a majority of overall economic activity.
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.
ETH-USDT
Ethereum
Open
1,098.10Close
1,093.5224h Change
-4.58 (-0.42%)24h High
1,106.8024h Low
998.0024h Volume
1.484M ETHUS Personal Income and Outlays
Bureau of Economic Analysis
30th June, 2022, 8:30AM Timezone: America/New York
Chart Data from Binance
Observations
| Time | Open | High | Low | Close | Change | Amplitude | Volume |
|---|---|---|---|---|---|---|---|
| 1 Minute | |||||||
| Before | 1023.67 | 1025.15 | 1023.10 | 1024.40 | 0.07% | 0.20% | 644 ETH |
| During | 1024.41 | 1031.85 | 1024.40 | 1029.63 | 0.51% | 0.72% | 8,661 ETH |
| 5 Minutes | |||||||
| Before | 1023.20 | 1025.15 | 1021.26 | 1024.40 | 0.12% | 0.38% | 2,921 ETH |
| During | 1024.41 | 1037.10 | 1024.40 | 1032.40 | 0.77% | 1.22% | 20,703 ETH |
| 10 Minutes | |||||||
| Before | 1018.63 | 1025.15 | 1018.55 | 1024.40 | 0.56% | 0.64% | 6,909 ETH |
| During | 1024.41 | 1037.10 | 1024.40 | 1030.24 | 0.57% | 1.22% | 25,831 ETH |
| 15 Minutes | |||||||
| Before | 1016.16 | 1025.15 | 1014.00 | 1024.40 | 0.80% | 1.09% | 9,987 ETH |
| During | 1024.41 | 1037.10 | 1024.40 | 1033.52 | 0.88% | 1.22% | 29,385 ETH |
| 30 Minutes | |||||||
| Before | 1018.48 | 1025.15 | 1014.00 | 1024.40 | 0.58% | 1.09% | 20,125 ETH |
| During | 1024.41 | 1041.67 | 1024.40 | 1032.31 | 0.77% | 1.66% | 46,215 ETH |
| 1 Hour | |||||||
| Before | 1019.05 | 1030.30 | 1012.98 | 1024.40 | 0.52% | 1.68% | 64,335 ETH |
| During | 1024.41 | 1041.67 | 1024.40 | 1029.42 | 0.49% | 1.66% | 73,353 ETH |
| 2 Hours | |||||||
| Before | 1023.30 | 1030.30 | 1011.87 | 1024.40 | 0.11% | 1.79% | 132,429 ETH |
| During | 1024.41 | 1041.67 | 998.00 | 1014.22 | -1.00% | 4.19% | 170,266 ETH |
| 4 Hours | |||||||
| Before | 1052.69 | 1054.15 | 1011.87 | 1024.40 | -2.76% | 4.01% | 284,451 ETH |
| During | 1024.41 | 1041.67 | 998.00 | 1038.48 | 1.35% | 4.19% | 324,779 ETH |
| 6 Hours | |||||||
| Before | 1078.89 | 1079.18 | 1011.87 | 1024.40 | -5.32% | 6.24% | 442,431 ETH |
| During | 1024.41 | 1046.00 | 998.00 | 1029.35 | 0.48% | 4.59% | 408,340 ETH |
| 8 Hours | |||||||
| Before | 1098.10 | 1103.16 | 1044.79 | 1052.68 | -4.31% | 5.29% | 364,885 ETH |
| During | 1052.69 | 1054.15 | 998.00 | 1038.48 | -1.37% | 5.33% | 609,230 ETH |
| 12 Hours | |||||||
| Before | 1098.10 | 1103.16 | 1011.87 | 1024.40 | -7.19% | 8.28% | 649,336 ETH |
| During | 1024.41 | 1106.80 | 998.00 | 1093.52 | 6.32% | 9.83% | 835,125 ETH |
