Litecoin price must stay above this critical support level to avoid a 35% drop

  • Litecoin price has just defended a crucial support level at $121.
  • The digital asset is trading inside a descending triangle pattern on the 12-hour chart. 
  • The TD Sequential indicator has presented a buy signal that can help the bulls.

Litecoin has been trading sideways in a consolidation pattern after reaching its 2021 top at $185. LTC bulls are trying to defend a crucial support level and push Litecoin price towards $140.

Litecoin price can quickly rise to $140…

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