Will XRP Surge to $20 Amid Bullish Market Signals? Crypto analyst Hailey LUNC, known for her insightful market predictions, has recently forecasted an imminent breakout for XRP, targeting a price surge to $20 or higher. This bold prediction has garnered attention across the cryptocurrency community, sparking discussions about XRP's potential trajectory. Hailey LUNC's analysis highlights a significant bullish pattern forming in XRP's price chart. She points to a double bottom formation and an ascending triangle, technical indicators that often precede substantial upward movements. According to her, these patterns suggest that XRP is on the verge of a breakout, with the potential to reach the $20 mark. Supporting this outlook, other analysts have also identified similar bullish signals. For instance, XForceGlobal, another crypto analyst, has set a $20 target for XRP, citing the cryptocurrency's current consolidation phase and the potential for a strong upward movement. He notes that XRP's price action is aligning with the Elliott Wave Theory , indicating the possibility of a significant rally. Notably, XRP might be gaining momentum toward the $3.60 breakout as renewed buying follows its return to the Bloomberg Galaxy Crypto Index. Therefore, the anticipation surrounding XRP is fueled by broader market developments. Speculation about the approval of a spot XRP ETF has increased, with some analysts suggesting that such an event could unlock substantial capital inflows, further propelling XRP's price toward the $20 target. Whether this prediction materializes remains to be seen, with XRP currently trading at $3.07. On-Chain Data Sparks Rumors of BlackRock Quietly Accumulating XRP via Coinbase Custody A wave of speculation has swept across the XRP community following a viral video from Crypto X AiMan, who argued that recent on-chain movements may signal that BlackRock is quietly buying XRP via Coinbase Custody. According to data highlighted in AiMan’s post, Coinbase’s visible XRP reserves plunged from about 780 million tokens to less than 200 million between June and August 2025, a reduction of roughly 69%. AiMan emphasized that, despite appearances, this was not a mass sell-off. He noted that Coinbase reduced the number of wallets holding XRP from 52 to around 10–16, each with nearly identical balances of 16.5 million XRP. This uniform distribution strongly suggests technical reallocation or custody restructuring rather than open-market selling. The rumors connecting BlackRock to these transfers stem from Coinbase’s institutional partnerships. Coinbase provides custody infrastructure for large clients through Coinbase Prime, integrated with BlackRock’s Aladdin platform. This setup allows BlackRock and other institutional investors to gain exposure to digital assets, potentially including XRP, without those holdings being visible on public exchanges. Market analysts argue that the drop in Coinbase’s exchange wallets may simply indicate assets being moved into segregated custody accounts for institutional clients. What can be verified today is clear that Coinbase’s XRP holdings have declined sharply on-chain, and its wallet structure has been consolidated. It is equally verifiable that Coinbase and BlackRock maintain an active custody partnership. What cannot be confirmed is whether BlackRock itself is buying XRP. Neither the asset manager nor Coinbase has issued disclosures tying BlackRock directly to XRP purchases, and no regulatory filings provide supporting evidence. Fact-checks by independent sources stress that while institutional reallocation is likely, attributing it specifically to BlackRock remains speculative. Conclusion The sharp decline in Coinbase’s visible XRP reserves and the consolidation of its wallets point to institutional-level movements rather than retail activity. While BlackRock’s existing partnership with Coinbase fuels the theory of quiet accumulation, no concrete evidence links the world’s largest asset manager directly to XRP purchases. Meanwhile, Hailey LUNC’s bold $20 XRP forecast underscores growing optimism around the token’s technical setup and potential catalysts like an ETF approval.