Data Analysis
The release
Released by the Bureau of Census on 28 January 2025 at 8:30 AM EST. Durable Goods Orders came in at 0.8% for December 2024, against -1.7% in November 2024. Durable goods orders are rising again, after a fall.
It arrived at the same moment as Durable Goods Orders Excluding Transportation, so the reaction measured on this page belongs to all of them together.
Measured by Clometrix
XRP's volatility ratio was 0.49x, against 1.13x for a typical Durable Orders release since 2021. Its volume ratio was 1.10x, against a typical 1.29x. 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 XRP moved
XRP was at $3.1600 when the figure came out. Fifteen minutes later it was 0.32% lower, and an hour later 0.32% lower. Its high-to-low range in the hour after was 1.27% of its price, against 1.27% in the hour before.
What made it matter
Since 2021, Durable Orders releases in the two weeks before a Fed decision have moved XRP more than those at other times: a median volatility ratio of 1.46x across 18, against 1.13x across 47. This one came out the day before the Federal Reserve's 29 January rate decision. Its own ratio of 0.49x compares with 1.46x for those, so it moved the price less than its circumstances would suggest.
About Durable Goods Orders
The U.S. Census Bureau publishes the Durable Goods Orders report every month. Durable goods orders reflect new orders placed with domestic manufacturers for delivery of long-lasting manufactured goods (durable goods) in the near term or future. The change in the total value of new orders is measured and shared with the public in two releases per month: the advance report on durable goods and the manufacturers' shipments, inventories, and orders.
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.
XRP-USDT
XRP
Open
3.0100Close
3.080024h Change
0.07 (2.27%)24h High
3.210024h Low
3.010024h Volume
359.684M XRPUS Durable Goods Orders
Bureau of Census
28th January, 2025, 8:30AM Timezone: America/New York
Chart Data from Binance
Observations
| Time | Open | High | Low | Close | Change | Amplitude | Volume |
|---|---|---|---|---|---|---|---|
| 1 Minute | |||||||
| Before | 3.16 | 3.17 | 3.16 | 3.16 | 0.00% | 0.32% | 174,602 XRP |
| During | 3.16 | 3.16 | 3.16 | 3.16 | 0.00% | 0.00% | 150,191 XRP |
| 5 Minutes | |||||||
| Before | 3.17 | 3.17 | 3.16 | 3.16 | -0.32% | 0.32% | 1.211M XRP |
| During | 3.16 | 3.16 | 3.15 | 3.15 | -0.32% | 0.32% | 1.374M XRP |
| 10 Minutes | |||||||
| Before | 3.16 | 3.17 | 3.16 | 3.16 | 0.00% | 0.32% | 2.231M XRP |
| During | 3.16 | 3.16 | 3.15 | 3.15 | -0.32% | 0.32% | 2.387M XRP |
| 15 Minutes | |||||||
| Before | 3.18 | 3.18 | 3.16 | 3.16 | -0.63% | 0.63% | 3.37M XRP |
| During | 3.16 | 3.16 | 3.15 | 3.15 | -0.32% | 0.32% | 3.448M XRP |
| 30 Minutes | |||||||
| Before | 3.17 | 3.19 | 3.16 | 3.16 | -0.32% | 0.94% | 7.745M XRP |
| During | 3.16 | 3.16 | 3.14 | 3.15 | -0.32% | 0.63% | 6.037M XRP |
| 1 Hour | |||||||
| Before | 3.16 | 3.19 | 3.15 | 3.16 | 0.00% | 1.25% | 17.711M XRP |
| During | 3.16 | 3.16 | 3.12 | 3.15 | -0.32% | 1.27% | 18.073M XRP |
| 2 Hours | |||||||
| Before | 3.13 | 3.20 | 3.11 | 3.16 | 0.95% | 2.81% | 44.985M XRP |
| During | 3.16 | 3.21 | 3.12 | 3.20 | 1.25% | 2.80% | 50.34M XRP |
| 4 Hours | |||||||
| Before | 3.07 | 3.20 | 3.07 | 3.16 | 2.85% | 4.06% | 73.877M XRP |
| During | 3.16 | 3.21 | 3.12 | 3.17 | 0.32% | 2.80% | 85.603M XRP |
| 6 Hours | |||||||
| Before | 3.11 | 3.20 | 3.07 | 3.16 | 1.58% | 4.06% | 88.332M XRP |
| During | 3.16 | 3.21 | 3.12 | 3.15 | -0.32% | 2.80% | 106.255M XRP |
| 8 Hours | |||||||
| Before | 3.01 | 3.15 | 3.01 | 3.07 | 1.95% | 4.44% | 92.666M XRP |
| During | 3.07 | 3.21 | 3.07 | 3.17 | 3.15% | 4.36% | 159.479M XRP |
| 12 Hours | |||||||
| Before | 3.01 | 3.20 | 3.01 | 3.16 | 4.75% | 5.94% | 166.542M XRP |
| During | 3.16 | 3.21 | 3.01 | 3.08 | -2.60% | 6.23% | 193.142M XRP |
