Ethereum is currently trading around the $445 level. Just above, the confluence of the weekly lows and the 38.2% daily Fibonacci level among other indicators. That is the first upward obstacle for ETH/USD. On the upside, a zone of multiple medium strength resistances between $455 and 480$ should be hard to beat. From that level on, there no easy ground for the Ethereum, which should again encounter difficulties at the $490 level with a strong confluence formed by the R2 daily pivot point level, the R1 weekly pivot point level or the 38.2% of the monthly Fibonacci, among other indicators.