Listen, people. NOTHING is ASIC resiatant in the long term. When LTC was created, using a scrypt algo, it was meant to be ASIC resistant. However, technologies go further with high speeds and 2-3 years later we do have ASICs for scrypt.
Understand that whatever algo to be used, soon or later the asics for it will come out. One may take longer, but soon or late, ASICs (or even new type of hardware) will be created for anything. Yes, these algos are a short term solution. However, in the long term this is an everlasting war with two parties.