LTC is on the brink of a massive breakout to $180 as whales accumulate a lot of coins

• Litecoin price is bounded inside a descending triangle pattern on the 12-hour chart.
• Whales have been accumulating a lot of LTC in the past month, increasing buying pressure.
• The MVRV chart shows Litecoin is in the buy-dip zone.

Litecoin has been trading downwards since its peak of $185 on January 10 but has established a robust support level at $122. The digital asset seems to be on the verge of a breakout as several metrics have turned positive for LTC.