I think the LTC price will be stable for the near future. It has risen a lot already.
100$ at least and my expectations are even higher. When ETH rising everybody talking it's still bargain price, but when LTC is in question price is to high..Why do you thing so?
Merchants are integrating litecoin payments. Even after Bitcoin activates Segwit, Litecoin will still be useful as a blockchained based payment coin.
Plus the LTC foundation just hired a full time developer for Litecoin, with the aim of adding more. There is a small community of volunteers who have been very generous in contributing towards development funds.
How is it dead?
Those stories are made by ETH supporters, that have constant fears from good old coins like LTC because they are insecure in their investment

. Everything tells you buy now, and won't regret it, but nobody listens and thay still asking themselves is it dead or alive..