ETH Volatility Analysis for Retail Sales, 1st April 2019

Data Analysis

The data released by Bureau of Census for Retail Sales on 1st April, 2019 has come in at an increase to 1.5% for March 2019. Compared to the previous release for February 2019 at 0.3%, we can see that consumer sentiment is increasing month over month.

To see the impact and volatility of ETH's price during the Retail Sales 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 32,995 ETH with prices swinging between 141.69 and 142.94, representing a swing of 0.87%. Subsequently, the trading volume increased by 26% to 41,644 ETH. Price action ranged from a low of 141.02 to a high of 142.67, a difference of 1.16%

15-Minutes Chart Analysis

Analysing on a lower time frame to get a more accurate picture, 1,568 ETH in trading volume was observed prior to the data release. Prices ranged between a low of 142.05 to a high of 142.53, a 0.34% change. Immediately following, trading volume remain relatively similar at 1,626 ETH. At this time, Ethereum hit a low of 142.25 with a high of 142.60, a change of 0.25%.

About Retail Sales

The U.S. Census Bureau publishes the Retail Sales report every month. It is a measure of consumer spending, an important indicator of the US GDP. 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

140.67

141.40

24h Change

0.73 (0.52%)

24h High

143.08

24h Low

139.74

24h Volume

223,409 ETH

US Retail Sales

Bureau of Census

1st April, 2019, 8:30AM Timezone: America/New York

Chart Data from Binance

Observations

Time	Open	High	Low	Close	Change	Amplitude	Volume

1 Minute
Before	142.46	142.52	142.41	142.50	0.03%	0.08%	176 ETH
During	142.46	142.55	142.46	142.52	0.04%	0.06%	83 ETH

5 Minutes
Before	142.34	142.53	142.30	142.50	0.11%	0.16%	519 ETH
During	142.46	142.55	142.25	142.29	-0.12%	0.21%	850 ETH

10 Minutes
Before	142.27	142.53	142.20	142.50	0.16%	0.23%	766 ETH
During	142.46	142.55	142.25	142.49	0.02%	0.21%	1,342 ETH

15 Minutes
Before	142.06	142.53	142.05	142.50	0.31%	0.34%	1,568 ETH
During	142.46	142.60	142.25	142.54	0.06%	0.25%	1,626 ETH

30 Minutes
Before	141.89	142.53	141.88	142.50	0.43%	0.46%	2,943 ETH
During	142.46	142.66	142.25	142.46	0.00%	0.29%	3,193 ETH

1 Hour
Before	142.03	142.53	141.80	142.50	0.33%	0.51%	7,392 ETH
During	142.46	142.66	142.11	142.22	-0.17%	0.39%	5,958 ETH

2 Hours
Before	142.13	142.53	141.69	142.50	0.26%	0.59%	16,134 ETH
During	142.46	142.67	142.09	142.20	-0.18%	0.41%	16,657 ETH

4 Hours
Before	142.44	142.94	141.69	142.50	0.04%	0.87%	32,995 ETH
During	142.46	142.67	141.02	141.65	-0.57%	1.16%	41,644 ETH

6 Hours
Before	142.81	142.94	141.69	142.50	-0.22%	0.87%	50,367 ETH
During	142.46	142.67	140.50	141.06	-0.99%	1.52%	58,173 ETH

8 Hours
Before	140.67	143.08	140.36	142.46	1.26%	1.90%	87,234 ETH
During	142.44	142.94	141.02	141.65	-0.56%	1.34%	74,639 ETH

12 Hours
Before	140.67	143.08	140.36	142.50	1.28%	1.90%	120,229 ETH
During	142.46	142.67	139.74	141.40	-0.75%	2.05%	103,179 ETH