Time Series Forecasting of Ethereum Price by FB-Prophet

Abstract

Ethereum is one of a technology that allows us to create D-Applications and organizations, keep assets, transact, and communicate without being controlled by a central authority. Investing in cryptocurrencies is now a big business, with tremendous capital flow and billions of industries taking over what was formerly a small market. With this investment, it is critical to grasp the highs and lows of a certain cryptocurrency as well as the output provided by such decisions. Prediction of cryptocurrencies is concrete and needs a thorough comprehension of the daily movement of money. This paper comprises of cryptocurrency price prediction and analysis utilizing the FB-Prophet algorithm, using Ethereum as the cryptocurrency under consideration for analysis and prediction Ethereum. In this paper, we will anticipate the daily closing price series of the Ethereum cryptocurrency using pricing data from previous years (January 2020 to December 2021).