XRP may see a decline to $0.75 if a bearish triangular pattern on its weekly chart breaks down, according to chartist Aksel Kibar. The cryptocurrency has failed to reclaim the $1.60 level, which has turned from support to resistance, and is currently trading around $1.29. Kibar, a Chartered Market Technician, highlights that XRP's price is compressing within a triangular consolidation, with the upper boundary sloping down and the lower boundary trending up. This pattern suggests a potential bearish continuation if the price falls below the triangle, with a measured move projecting a target of $0.75. However, confirmation of this move is necessary, as a break above $1.60 and the 365-day EMA could negate the bearish outlook.