Data Analysis
The data released by Bureau of Census for Retail Sales on 14th January, 2022 has come in at a decrease to -0.8% for December 2021. Compared to the previous release for November 2021 at 1.0%, 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 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 70,964 ETH with prices swinging between 3,188.00 and 3,274.38, representing a swing of 2.64%. Subsequently, the trading volume decreased by 6% to 66,767 ETH. Price action ranged from a low of 3,203.39 to a high of 3,308.57, a difference of 3.18%
15-Minutes Chart Analysis
Analysing on a lower time frame to get a more accurate picture, 2,192 ETH in trading volume was observed prior to the data release. Prices ranged between a low of 3,220.14 to a high of 3,228.57, a 0.26% change. Immediately following, trading volume increased by 27% to 2,779 ETH. At this time, Ethereum hit a low of 3,216.35 with a high of 3,230.75, a significant change of 0.45%.
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
3,255.84Close
3,308.9324h Change
53.09 (1.60%)24h High
3,342.7924h Low
3,188.0024h Volume
279,204 ETHUS Retail Sales
Bureau of Census
14th January, 2022, 8:30AM Timezone: America/New York
Chart Data from Binance
Observations
| Time | Open | High | Low | Close | Change | Amplitude | Volume |
|---|---|---|---|---|---|---|---|
| 1 Minute | |||||||
| Before | 3224.01 | 3226.46 | 3221.50 | 3225.89 | 0.06% | 0.15% | 222 ETH |
| During | 3225.89 | 3230.75 | 3225.81 | 3229.06 | 0.10% | 0.15% | 220 ETH |
| 5 Minutes | |||||||
| Before | 3227.21 | 3228.19 | 3221.50 | 3225.89 | -0.04% | 0.21% | 922 ETH |
| During | 3225.89 | 3230.75 | 3220.76 | 3222.00 | -0.12% | 0.31% | 1,283 ETH |
| 10 Minutes | |||||||
| Before | 3220.56 | 3228.35 | 3220.45 | 3225.89 | 0.17% | 0.24% | 1,433 ETH |
| During | 3225.89 | 3230.75 | 3216.35 | 3218.60 | -0.23% | 0.45% | 2,099 ETH |
| 15 Minutes | |||||||
| Before | 3223.09 | 3228.57 | 3220.14 | 3225.89 | 0.09% | 0.26% | 2,192 ETH |
| During | 3225.89 | 3230.75 | 3216.35 | 3221.51 | -0.14% | 0.45% | 2,779 ETH |
| 30 Minutes | |||||||
| Before | 3211.39 | 3228.57 | 3205.80 | 3225.89 | 0.45% | 0.71% | 5,222 ETH |
| During | 3225.89 | 3230.75 | 3203.39 | 3210.15 | -0.49% | 0.85% | 4,879 ETH |
| 1 Hour | |||||||
| Before | 3212.77 | 3230.45 | 3205.80 | 3225.89 | 0.41% | 0.76% | 16,680 ETH |
| During | 3225.89 | 3233.19 | 3203.39 | 3219.40 | -0.20% | 0.92% | 9,363 ETH |
| 2 Hours | |||||||
| Before | 3205.98 | 3230.45 | 3188.00 | 3225.89 | 0.62% | 1.31% | 40,125 ETH |
| During | 3225.89 | 3299.69 | 3203.39 | 3283.78 | 1.76% | 2.92% | 40,360 ETH |
| 4 Hours | |||||||
| Before | 3260.50 | 3274.38 | 3188.00 | 3225.89 | -1.07% | 2.64% | 70,964 ETH |
| During | 3225.89 | 3308.57 | 3203.39 | 3290.72 | 1.97% | 3.18% | 66,767 ETH |
| 6 Hours | |||||||
| Before | 3290.62 | 3292.11 | 3188.00 | 3225.89 | -2.01% | 3.16% | 93,397 ETH |
| During | 3225.89 | 3309.99 | 3203.39 | 3298.83 | 2.21% | 3.22% | 81,637 ETH |
| 8 Hours | |||||||
| Before | 3255.84 | 3312.39 | 3240.30 | 3260.77 | 0.15% | 2.18% | 75,542 ETH |
| During | 3260.50 | 3308.57 | 3188.00 | 3290.72 | 0.92% | 3.64% | 137,730 ETH |
| 12 Hours | |||||||
| Before | 3255.84 | 3312.39 | 3188.00 | 3225.89 | -0.93% | 3.76% | 146,505 ETH |
| During | 3225.89 | 3342.79 | 3203.39 | 3308.93 | 2.51% | 4.17% | 132,699 ETH |
