{"about":{"site":"https://codewithpapers.app","non_affiliation":"Code with Papers and Syntology are not affiliated with, endorsed by, or sponsored by Papers with Code, Meta, or the pwc-archive mirror.","licence":"CC BY-SA 4.0","licence_url":"https://creativecommons.org/licenses/by-sa/4.0/legalcode","attribution":"https://codewithpapers.app/attribution","modified":"archive material modified by Syntology; see the attribution page"},"url":"/paper/utilizing-rnn-for-real-time-cryptocurrency","title":"Utilizing RNN for Real-time Cryptocurrency Price Prediction and Trading Strategy Optimization","arxiv_id":"2411.05829","date":"2024-11-05","proceeding":null,"authors":["Shamima Nasrin Tumpa","Kehelwala Dewage Gayan Maduranga"],"abstract":"This study explores the use of Recurrent Neural Networks (RNN) for real-time cryptocurrency price prediction and optimized trading strategies. Given the high volatility of the cryptocurrency market, traditional forecasting models often fall short. By leveraging RNNs' capability to capture long-term patterns in time-series data, this research aims to improve accuracy in price prediction and develop effective trading strategies. The project follows a structured approach involving data collection, preprocessing, and model refinement, followed by rigorous backtesting for profitability and risk assessment. This work contributes to both the academic and practical fields by providing a robust predictive model and optimized trading strategies that address the challenges of cryptocurrency trading.","url_abs":"https://arxiv.org/abs/2411.05829v1","url_pdf":"https://arxiv.org/pdf/2411.05829v1.pdf","source":{"archive":"pwc-archive (Hugging Face), CC BY-SA 4.0","snapshot":"2025-07-28","licence_url":"https://creativecommons.org/licenses/by-sa/4.0/legalcode","row_kind":"abstracts"},"code_links":[{"paper_slug":"utilizing-rnn-for-real-time-cryptocurrency","repo_url":"https://github.com/shamima08/Cryptocurrency-Price-Prediction-using-RNN","is_official":1,"mentioned_in_paper":0,"mentioned_in_github":0,"framework":"tf","reach":null}],"tasks":[{"task_slug":"prediction","task_name":"Prediction"},{"task_slug":"time-series-1","task_name":"Time Series"}],"methods":[],"datasets_introduced":[],"methods_introduced":[],"results":[],"syntology":{"atlas_url":null,"mcp":null,"developers":"https://syntology.ai/developers"},"arxiv_metadata":null,"syntology_extracted_results":null}