Update of previous idea... XEM's chart is remarkably similar to XRP.
Long term targets: first around 0.000035, second around 0.00005.
I am rooting for the success of this project as I believe it has a strong dev team & community support. However, I see a formation of a descending triangle(s) with a horizontal baseline which usually signals a downtrend.
I'm still leaning towards a bullish Cup & Handle scenario (previous chart) but can't dismiss this possibility, a retreat to previous accumulation zone between 24-28.