Theory: now that Binance has delisted Monero, XMR price will slowly recover.
My impression is that it was Binance customers unable or unwilling to withdraw (and thus having sold their XMR) and/or panic selling on other CEXes what drove the price down, not a general change in the demand/supply equation. If you look at Exch for example, the demand for XMR there is so high that they charge 5% fees for several weeks now, but they have stated that their reserves
still get exhausted fastly.
The dump on February 19 should have been the last significant one, caused probably by the last wave or Binance customers having sold their XMR.
It is obvious the fight against privacy is bigger than we thought and it is not looking like it will stop anytime soon. I never expected that the authorities will look in the direction of Monero because I felt they will stop at mixers. Binance seems to be easily shaken by the authority hence their decision to delist XMR. Other CEX will follow this direction in less than no time.
It will really take some time for the price to recover because the dump has distorted the balance in demand and supply mechanism. But with time, it will and it is unnecessary to be worried about the dump.