Will IOTA ever recover?

Could you please elaborate on the prospects of IOTA's recovery? Given its recent price fluctuations and market volatility, is there any indication that the cryptocurrency might regain its lost ground? Are there any major developments, partnerships, or technological advancements that could potentially boost its value? Furthermore, what are some of the challenges IOTA faces that might hinder its recovery? As a seasoned practitioner in the field of cryptocurrency and finance, your insights would be greatly appreciated.