Just from trading perspective: Nearly every coin is in -20 or -30% today in BTC terms, not only XMR. I think XMR will recover faster then many expect, as real announcements are coming and the project is not based on hype like the majority of other crypto projects.
that may be true, but the other coins all gained several hundred % against bitcoin last few weeks, so i dont think your market analysis is really appropiate. XMR would have held up perfectly today if not someone ment he needs to proove something.