Adults of this fish can reach 12 cm in length, distinguished by their elongated, slender bodies. They possess large dorsal, anal, and caudal fins. Their coloration is silvery with an attractive blue sheen, adorned with numerous burgundy speckles arranged in horizontal rows. The dorsal fin and tail are red with dark spots, while the anal fin is blue, also with similar neat speckles. Sexual dimorphism in Moema piriana is not clearly pronounced; males and females are almost impossible to distinguish. It is noteworthy that while in natural conditions the lifespan of this fish is limited by the existence of temporary water bodies, in aquarium conditions it can live up to 1.5 years. In such a case, the fish continues to grow and can reach a size of up to 16 cm.