I agree with you. When bitcoin will start bull run litecoin price will go up as well. At least Litecoin is the second coin that lost value in price less, after market crash. It is still very promising project.
Exactly. Every time Bitcoin heads north, Litecoin follows in its price movement. When compared against other altcoins in existence, Litecoin has managed to remain stable in value despite that it lacks constant development and innovation. The good thing that Litecoin has is its inexpensive fees, and quick transaction settlement. While other alts like Ripple do the same, its not as secure and decentralized as Litecoin is.
Therefore, I believe that Litecoin would be proclaimed dead by many people just like Bitcoin, but it will continue to survive in crypto land for years to come. Coinbase's addition of LTC within its exchange, shows that the cryptocurrency has a very bright future ahead of it, and it is far from becoming dead anytime soon. Just my opinion

Of course litecoin will not die. Even the fact that the founder of litecoin sold all his coins and left the project could not harm this coin. This suggests that litecoin is a very strong and independent coin, which has good prospects for the future.