Is Litecoin dead??

Probably yes...:)

Price of LTC is currently around 160USD. BUT this price is going up bcs bitcoin is growing...

Check the chart litecoin/bitcoin. This chart is still in downtrend. This is more then 3 years long downtrend!!

If (maybe not) litecoin breaks the red bearish resist then we will see big bullish rally on this coin.Targets for LTC/USD will be 500USD and more.

If not, then...in this case is better to trade another coin :)