Astrological Benefits of Moonstone Moonstone jewelry helps to open the heart chakra and get in touch with our inner feelings. It also helps to encourage harmony and balance in life. Wearing a Moonstone bracelet soothes emotional instability, helps ease aggressive tendencies and provides calmness of mind. Moonstone pendant also helps in enhancing intuition, increases psychic abilities, and makes the individual more passionate in life. The Moonstone necklace makes the wearer more accepting of change.