Market have lost more than half of its capitalization. It will take time for recovery.
The question is - how long time will take a recovery

Nobody guarantees that it will be recovery. The fall of the market can continue.
Now the price of EDC started to recovery a little bit
https://coinmarketcap.com/currencies/edc-blockchain/markets/But recovery will take a time.
But the asset is not so much and lost in price, when compared with other assets. And the price will surely recover, it always happens that after the fall there will be an increase.