I don't think that Ethereum has a resistance level in 238$ since it easily got up in the 241$ level and if you look at Ethereum's price between March 6 to 8 you will see that Ethereum's resistance level is around 245$ level since this is where it broke down from 245$ to 109$ in just a matter of 5 days. I believe this resistance level is strong similar to Bitcoin's 10,000$ level since this is where Bitcoin failed to breakout while it re-tested it for the first time.
Tokens like ETH are obviously very popular and liked by everyone, so obviously no one doubts the ETH tokens to be held, especially if the price of Bitcoin continues to rise, ETH will also follow the trend even though both have different camps.
Ethereum isn't a "token" it's a cryptocurrency/coin. What's the difference? Coins have their own blockchain while tokens are dependent within that blockchain. To give you a wider view of it the Ethereum blockchain has tokens named ERC-20 tokens while the NEO blockchain has tokens named NEP-5 tokens.