Seems to be endless, but testing of longterm trendline @Logarithmic chart should give here some support, if not 10cents is imminent (or around it). Last buy signal from RSI gave some bounce but move from 20cents to 40+cents is a small correction in this downtrend. XEM reacts of course more nervous than BTC to dumps in the wide scene of cryptomarkets.
My view however is unchanged. NEM will surge from his dips. Maybe even in this year if not in the next. Cup&Handle formation can be formed much longer, as it was in case of BTC.