Long time did not write about it
Situation is more than awkward.
If you have a strong believe in XEM you may start buying it as this fall will end eventually. Most important in the worst scenario you will lose half of your investment.
If you believe in XEM but you do not want to risk you may want to wait till next target and it will be around 1450 -800 price range
Where will find ground and if we will find ground there I cannot say it for you.
My plan is simple: if BTC will start a bull trend I will go in buying XEM not matter if the BTC/XEM will keep falling. If BTC will continue bear trend I will enter XEM/BTC trade only if I will see some pump or whale interest in it.