Will the analysts’ bet on the resumption of growth in Ether and Litecoin pay off?

“Digital currencies such as Ethereum and Litecoin will show more aggressive growth in the near future, but before that, we may see a slight decline in their value,” according to analysts on Twitter. LTC has risen by 30% in recent days, but has failed to reach the $50 mark. Today, the cryptocurrency is trading in the red zone at $41.9. The ETH coin also shows negative dynamics, as it has become cheaper by 1.4% over the past day to $122.6. On the contrary, the price of the ether has been aggressively growing recently. As a result, the coin even managed to displace the XRP token from the 2nd place in the ranking of the largest digital currencies. Analysts assume that the growth of such assets will resume, but first they need to show a bearish trend. A post from an industry expert under the nickname Cryptomist appeared on the network, in which he predicted that the ETH coin would fall to $114 before it would rapidly rise to $150. The expert highlighted: “A short-term drop, bearish behavior will lead to the first target of $114, but we still believe that we could see a breakout to $150 a little later.” Another analyst, under the pseudonym George Crypto, also believes that the ether rate will drop, but the negative correction will reach the limit of $120. A decline in the rates of Ethereum and Litecoin is also predicted by an expert called Crypto Dog. He compared the movement rates of these 2 currencies over several days and summarized that the second wave of coin growth will soon begin, but only after the dominance of the bears is overcome. However, Crypto Dog did not indicate when, in his opinion, the advantage of the bearish trend will be replaced by the activation of the bulls.