Do you think Monero will be able to survive this? Does it still have a future? As for LocalMonero, what other options are available for P2P trading? Your input would be greatly appreciated. Thanks in advance.

I don't know, even to find Monero (XMR) on coinmarketcap, I can't just scroll, but have to type in the search field so I can find it more easily and quickly. even though in the past XMR was in the top tier of CPINs which was quite promising. But as time goes by, privacy coins are no longer that interesting and may even start to be abandoned.
So it will be quite difficult for them to develop. If you survive, maybe you can still survive, but you still won't be as good as your previous position. I don't even know if this will last any longer or not. because day by day, Monero's position is no better. and they also failed quite badly to reach ATH. Actually, it's not just Monero but there are several other top coins that used to be a dream and now they really can't do anything anymore because they have been eroded by the presence of new altcoins that are more potent and profitable.