How to move current arrow further away from components and color it?

Question

How can I shift the arrow more to the far way from the components and color both arrows and labels differently as in the image?

(Placing the label below the arrow probably makes it look a bit better but I prefer to put it on top.)

I have been trying to apply this from manual but couldn't make it work.

\documentclass[border=0.1mm]{standalone}
\usepackage[american,siunitx,RPvoltages]{circuitikz}


\begin{document}

\begin{tikzpicture}[thick]

\ctikzset{bipoles/cuteinductor/voltage/distance from node/.initial=0.4};
\ctikzset{bipoles/capacitor/voltage/distance from node/.initial=0.7};

\ctikzset{!i/.style={ no i symbols}};

\newcommand{\iarronly}[1]{% name
\node [currarrow, color=red, anchor=center,
rotate=\ctikzgetdirection{#1-Iarrow}] at (#1-Ipos) {};
}

\draw (0,0) node[ocirc,scale=2]{} to [C,
i>^=$I_C$,
v^=$V_C$
] ++(3,0)  to
[cute inductor,
v^=$V_L$, 
i^>= $I_L$,
voltage/american label distance=0.8pt] ++(1.5,0) to 
[short, name=  LL,!i] ++(1,0)node[ocirc,scale=2] {};


% \iarronly{LL};

\end{tikzpicture}


\end{document}

Answer 1

Like this?

(without use of at use current arrow scale=...

Edit: You can scale currents arrows by option current arrow scale=<denominator of size>. Now added to \ctikzset, but can be inserted locally too.

\documentclass[margin=3mm]{standalone}
\usepackage[american,siunitx,RPvoltages]{circuitikz}

\begin{document}

\begin{circuitikz}
\ctikzset{bipoles/capacitor/width/.initial=.075,
          current arrow scale=8 
          }
\draw   (0,0)   node[ocirc] {}
                to [short, i=$I_{C}$, color=red,
                    bipole current append style={color=red}]   ++ (1,0)
                to [C, v^=$V_C$] ++ (2,0)
                to [cute inductor, v^=$V_L$] ++ (2,0)
                to [short, i=$I_{L}$, color=blue,
                    bipole current append style={color=blue}]   ++ (1,0)
                node[ocirc] {};
    \end{circuitikz}


\end{document}

at use current arrow scale=8