Well, every time people mention price someone always say "we are still in an uptrend", I can tell you, no we are not in an uptrend. This is going down more than I imagined. Someone clearly dumps a lot of XC. I hope this coin can survive all the dumping, because many coins just die when the dumping begins even if the developers are doing a great work. Not much we can do about it, if you are average trader. I hold my thumbs for XC. 
Yes the ascending trendline has been broken.
That mysterious whale clearly doesn't have profit as an incentive here. It wants to smash XC.
However I don't think XC is in any danger of "dying".
We're on the run-up toward our major releases and an official public launch.
This means the price can go as low as anyone likes and still have 100% chance of going up again.
As I said last night, the future is precisely as bright as it was before.