Latest MultiBank Group (MBG) Price Analysis

Deep Dive

1. Profit-Taking Pressure (Bearish Impact)

Overview: MBG surged 7x since its July 22 launch, including a 302% rally over the past 60 days. The 24h pullback aligns with typical profit-taking behavior after parabolic moves.

What this means: Early investors likely liquidated portions of their holdings near the $1.48 support level. The token’s 24h trading volume of $21.2 million (-1.6% vs market average) shows reduced buying momentum to counter selling pressure.

2. Technical Breakdown (Mixed Impact)

Overview: MBG trades below its 7-day SMA ($1.51) and 30-day SMA ($1.98), while the RSI-14 sits at 34.5 – nearing oversold territory.

What this means: The breakdown below $1.51 triggered stop-loss orders, accelerating the decline. However, the oversold RSI suggests potential near-term stabilization. Key support lies at the 78.6% Fibonacci retracement level ($1.67), though current price action has breached this threshold.

What to watch: A sustained close below $1.48 could signal further downside toward the swing low of $1.48 (current price), while reclaiming $1.51 might indicate reversal potential.

3. Altcoin Underperformance (Bearish Impact)

Overview: Bitcoin dominance rose 0.25% to 57.31% in the past 24h as traders shifted to safer large-caps amid neutral market sentiment (Fear & Greed Index: 43).

What this means: MBG’s -2.16% drop contrasts with Bitcoin’s +0.42% gain, reflecting capital rotation away from mid-cap altcoins. The crypto derivatives market saw $1.27T in volume (+70% 24h), suggesting leveraged traders favored established assets over newer tokens like MBG.

Conclusion

The dip appears driven by natural profit-taking after MBG’s meteoric rise, exacerbated by technical selling and a risk-off tilt toward Bitcoin. Key watch: Can the $1.48 support hold ahead of the next scheduled token burn (last announced for August 27)? Monitor exchange wallets for buyback program execution signals.

Deep Dive

1. Buyback Program Activation (Bullish Impact)

Overview: MultiBank Group announced a $440M, 5-year buyback and burn plan on August 20, 2025, starting with $58.2M in Year 1. The program uses 20% of trading fees and 2.5% of other revenues to repurchase MBG from open markets, permanently removing tokens from circulation.

What this means: Reduced supply against steady demand (daily trading volumes ~$35B) creates deflationary pressure. The first burn occurred on August 27, 2025, with subsequent burns scheduled quarterly, directly supporting price floors.

What to look out for: Execution updates on the next burn cycle (likely late September) and on-chain supply tracking.

2. Oversold Technical Rebound (Mixed Impact)

Overview: MBG’s RSI14 hit 35.93 on September 7, nearing oversold territory (30 threshold), while the price ($1.52) hovered near the Fibonacci 78.6% retracement level ($1.69).

What this means: Traders often interpret oversold RSI readings as buying opportunities, especially when aligned with key support levels. However, MACD remains bearish (-0.088), signaling lingering caution.

What to look out for: A sustained break above the 7-day SMA ($1.57) to confirm bullish momentum.

3. Strong H1 Fundamentals (Bullish Impact)

Overview: MultiBank reported $209M H1 2025 revenue (+20% YoY) and a $3B real estate tokenization deal with MAG Lifestyle Development, integrating MBG into its TradFi, crypto, and RWA ecosystems.

What this means: Revenue-linked burns and utility across 4 pillars (FX, crypto ECN, regulated exchange, RWA) anchor MBG’s value beyond speculation. The token’s 7x gain since July 2025 listing reflects adoption tied to real-world cash flows.

Conclusion

MBG’s 24h rise stems from buyback execution, technical reversals, and bedrock fundamentals. While macro crypto sentiment remains neutral (Fear & Greed Index: 40), MBG’s deflationary mechanics and institutional-grade revenue streams differentiate it from typical altcoins. Key watch: Can MBG reclaim its 30-day SMA ($1.82) amid broader market stagnation?