Latest Moonveil (MORE) Price Analysis

Deep Dive

1. Market-Wide Risk-Off Shift (Bearish Impact)

Overview: The total crypto market cap fell 9.5% in 24h (to $3.75T), with altcoins underperforming Bitcoin. Fear dominates (Fear & Greed Index: 35), and the Altcoin Season Index dropped 44% weekly, signaling capital rotation away from riskier assets like gaming tokens.

What this means: MORE’s high beta to crypto markets makes it vulnerable during sell-offs. With $527B in 24h crypto liquidations and derivatives funding rates negative, traders are exiting speculative positions.

2. Post-Listing Volatility (Mixed Impact)

Overview: Toobit listed MORE for spot trading on Sep 17, but withdrawals only opened on Sep 18. The token’s price fell 15% post-listing despite the exchange’s GameFi focus, suggesting a “sell the news” reaction.

What this means: Low liquidity (turnover ratio: 0.424) exaggerated the drop. Only 17.99% of MORE’s max supply is circulating, creating thin markets prone to volatility. Historical parallels (e.g., Binance Alpha listing in June 2025) show similar post-listing declines.

3. Technical Breakdown (Bearish Impact)

Overview: MORE broke below its 7-day SMA ($0.0445) and Fibonacci 23.6% retracement ($0.0826). The RSI-14 (21.05) signals extreme oversold conditions, but MACD divergence (-0.0048) suggests bearish momentum persists.

What this means: Traders are ignoring oversold signals due to weak fundamentals. The next critical support is the 2025 low of $0.0203 (61.8% below current price). A close below this level could trigger panic selling.

Conclusion

MORE’s decline reflects a toxic mix of macro crypto weakness, illiquid markets, and broken technicals. While oversold conditions might invite short-term bounces, the absence of bullish catalysts (e.g., game launches, staking uptake) leaves the token exposed to further downside.

Key watch: Can MORE hold the $0.0203 support level, or will declining volume signal capitulation?

Deep Dive

1. Exchange Listing & Liquidity Surge (Bullish Impact)

Overview: Toobit listed MORE for spot trading on September 17, 2025, with the MORE/USDT pair now live in its GameFi zone. This followed earlier listings on Binance Alpha, MEXC, and KuCoin.

What this means: New exchange listings typically widen investor access, reduce friction for capital inflows, and validate project credibility. The 24h trading volume for MORE surged 109.63% to $8.24M, confirming heightened activity.

What to look out for: Sustained volume post-listing. Tokens often see initial pumps that fade if demand doesn’t hold.

2. Technical Rebound from Oversold Levels (Bullish Impact)

Overview: Prior to the rally, MORE’s RSI-7 hit 24.24 (below 30 = oversold), while its price had fallen 68.86% over 30 days.

What this means: Traders often interpret extreme RSI lows as contrarian buy signals, especially when paired with high volatility. The 24h rebound aligns with this pattern, though MACD remains negative (-0.0047), suggesting caution.

Key threshold: A close above the 7-day SMA ($0.051) could signal stronger recovery momentum.

3. Staking Catalyst & Ecosystem Progress (Mixed Impact)

Overview: Moonveil announced a staking platform launch (Sep 4) and partnered with Impossible Cloud Network (ICN) to decentralize Web3 gaming infrastructure.

What this means: Staking rewards could incentivize holding, reducing sell pressure. However, the token’s -55.26% 7-day drop shows lingering skepticism post-TGE (June 2025), where MORE fell 88% from its $0.128 ATH.

What to look out for: Mainnet launch progress and user adoption of Moonveil’s seven gaming titles.

Conclusion

MORE’s rally reflects a mix of tactical buying (oversold bounce), exchange-driven liquidity, and cautious optimism around staking utility. However, its -68.16% 60-day return and high volatility (turnover ratio 1.45) warn of speculative froth.

Key watch: Can Moonveil’s gaming ecosystem attract sustained users post-mainnet, or will this pump fade like previous spikes?