- Qtum surged 12% after breakout, trading strongly near $2.89.
- WorldOfCharts confirmed bullish sentiment with profits already above 10%.
- Travel partnership offers 24% savings, boosting adoption and investor confidence.
Qtum ($QTUM) has drawn strong attention from traders and analysts following its latest market movement. The cryptocurrency gained sharply after a period of consolidation. Traders highlighted a confirmed breakout above an important resistance level.
Price Breakout and Market Sentiment
WorldOfCharts reported that Qtum surged more than 12% in recent trading sessions. The token is now valued near $2.89 against USDT. Analysts described the move as a breakout above a key horizontal resistance zone, signaling renewed bullish sentiment in the market.
The sharp move followed weeks of sideways trading, where the token consolidated within a tight range. WorldOfCharts noted that their strategy included re-entry plans on retests of the new support level.
They confirmed that early positions already generated more than 10% profit. Analysts believe the momentum could continue, with higher price targets under watch if support holds.
Real-World Utility Through Travel Discounts
However, Qtum is also expanding its use in daily services. A new partnership allows travelers to use QTUM for bookings and receive an additional 5% discount.
The benefit is stackable with Umy’s Carnival offers, membership perks, and coupons. According to the announcement, this combination can deliver savings of up to 24% for users.
Analysts explained that such integrations enhance the real-world utility of blockchain assets. They noted that the partnership highlights how tokens can deliver value in everyday consumer activities.
By combining price momentum with practical adoption, Qtum strengthens its profile in both markets and commerce. Experts added that demand often grows when digital currencies gain visibility in real-world payments.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
