Too many holders for it to fail, I think. If it drops too low, there's plenty enough people hedging their bets it will come back up.
That said, Litecoin doesn't really offer anything that most other alts do these days.
you really should see how many are selling lol, I didnt realize how many week traders are in crypto, I see many buyers are scaring them by also offering them low prices, which is a good tactic in my book