ETH Volatility Analysis for Retail Sales Ex Autos, 17th August 2022

Data Analysis

The data released by Bureau of Census for Retail Sales Excluding Automobiles on 17th August, 2022 has come in at a decrease to -0.7% for July 2022. Compared to the previous release for June 2022 at 0.9%, we can see that consumer sentiment is still decreasing month over month.

To see the impact and volatility of ETH's price during the Retail Sales Ex Autos 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 105,768 ETH with prices swinging between 1,857.56 and 1,896.17, representing a swing of 2.04%. Subsequently, the trading volume increased significantly by 147% to 261,128 ETH. Price action ranged from a low of 1,818.74 to a high of 1,886.46, a significant difference of 3.59%

15-Minutes Chart Analysis

Analysing on a lower time frame to get a more accurate picture, 20,358 ETH in trading volume was observed prior to the data release. Prices ranged between a low of 1,857.56 to a high of 1,872.51, a 0.80% change. Immediately following, trading volume remain relatively similar at 21,114 ETH. At this time, Ethereum hit a low of 1,856.52 with a high of 1,886.46, a significant change of 1.59%.

About Retail Sales Excluding Automobiles

The U.S. Census Bureau publishes the Retail Sales report every month. It is a measure of consumer spending excluding the automobile sector. Retail firms provide data on the dollar value of their retail sales and inventories. A sample of 12,000 firms is included in the final survey and 5,000 in the advanced one. The advanced estimated data is based on a subsample from the USCB complete retail & food services sample.

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

1,880.83

1,827.36

24h Change

-53.47 (-2.93%)

24h High

1,959.43

24h Low

1,818.74

24h Volume

954,132 ETH

US Retail Sales Excluding Automobiles

Bureau of Census

17th August, 2022, 8:30AM Timezone: America/New York

Chart Data from Binance

Observations

Time	Open	High	Low	Close	Change	Amplitude	Volume

1 Minute
Before	1860.28	1864.89	1860.17	1864.89	0.25%	0.25%	842 ETH
During	1864.89	1867.99	1859.68	1859.68	-0.28%	0.44%	3,281 ETH

5 Minutes
Before	1864.98	1865.40	1857.56	1864.89	0.00%	0.42%	6,667 ETH
During	1864.89	1867.99	1856.52	1862.43	-0.13%	0.61%	8,706 ETH

10 Minutes
Before	1864.31	1867.33	1857.56	1864.89	0.03%	0.52%	10,792 ETH
During	1864.89	1875.88	1856.52	1874.76	0.53%	1.03%	13,831 ETH

15 Minutes
Before	1872.50	1872.51	1857.56	1864.89	-0.41%	0.80%	20,358 ETH
During	1864.89	1886.46	1856.52	1879.51	0.78%	1.59%	21,114 ETH

30 Minutes
Before	1876.85	1878.40	1857.56	1864.89	-0.64%	1.11%	25,560 ETH
During	1864.89	1886.46	1856.52	1871.91	0.38%	1.59%	28,546 ETH

1 Hour
Before	1877.18	1879.69	1857.56	1864.89	-0.66%	1.18%	35,818 ETH
During	1864.89	1886.46	1856.00	1861.70	-0.17%	1.61%	49,328 ETH

2 Hours
Before	1879.59	1884.10	1857.56	1864.89	-0.79%	1.41%	59,854 ETH
During	1864.89	1886.46	1818.74	1833.52	-1.71%	3.59%	166,375 ETH

4 Hours
Before	1889.51	1896.17	1857.56	1864.89	-1.32%	2.04%	105,768 ETH
During	1864.89	1886.46	1818.74	1831.92	-1.80%	3.59%	261,128 ETH

6 Hours
Before	1947.11	1959.43	1857.56	1864.89	-4.41%	5.20%	251,047 ETH
During	1864.89	1886.46	1818.74	1854.32	-0.57%	3.59%	361,465 ETH

8 Hours
Before	1880.83	1959.43	1880.78	1889.50	0.46%	4.01%	328,362 ETH
During	1889.51	1896.17	1818.74	1831.92	-3.14%	4.08%	366,896 ETH

12 Hours
Before	1880.83	1959.43	1857.56	1864.89	-0.85%	5.20%	434,131 ETH
During	1864.89	1886.46	1818.74	1827.36	-2.05%	3.59%	520,002 ETH