Using common sense I would think yes, but I don't think it will happen. The Titan X is already dead from the 980ti release and is still $1000. You can literally buy a 980ti that is 10% faster than a Titan X right out of the box. If you are set on having a TX because Titan! then I think you'll have to spend the $1000. I don't see any reason for the card anymore at all except for an existing owner who wants to add another card to an SLI setup.
We've seen the Fury X die, it's huge, it has HBM so memory bandwidth limits will be eliminated and it's watercooled by a full block so it will be able to run the chip to its maximum capacity. If it doesn't manage to at minimum match a 980ti/TX then it's a steaming turd. Barring it being a turd I would be watching the non X Fury card. With everything behind the Fury X, if it's not a fail, I would expect it to be the equal of a TX or better. If that holds out and the plain Fury is cheaper than a 980ti, then the 980ti could see a price drop.
There is really no point to buying a TX anymore unless you are running 3 4K monitors in surround.