Altcoin Recovery Gains Momentum as Oversold Conditions Attract Buyers

Cryptocurrency markets have seen a significant rebound in several altcoins, with LayerZero (ZRO), Arbitrum (ARB), Internet Computer (ICP), Stacks (STX), and MemeCore (M) showing signs of recovery. These cryptocurrencies had previously dropped to their lowest prices, but are now trading above their support levels.

The rebound is attributed to the oversold conditions in these markets, which may attract buyers and lead to price increases. LayerZero, for example, has recovered from its low of $1.25, while Arbitrum's price has risen after falling to $0.097. Internet Computer, Stacks, and MemeCore have also shown signs of recovery.

The current prices and market capitalizations of these coins are as follows: LayerZero ($1.50), Arbitrum ($0.097), Internet Computer ($2.18), Stacks ($0.2513), and MemeCore ($1.34). Their trade volumes and 7-day losses are also mentioned.