Dogwifhat (WIF), Pepe (PEPE), and Dogecoin (DOGE) have broken out of multi-month chart patterns following a rise in Bitcoin, which recently climbed above $87,000. Over the past seven days, PEPE and WIF gained more than 40%, while DOGE rose by approximately 18%.
WIF exited a nine-month inverse head and shoulders pattern with a neckline at $0.2322. Trading near $0.256, the token has a market cap of about $256 million. Analysts suggest a potential climb to $0.4319, though a failure to hold the breakout could lead to support at $0.1732.
PEPE cleared a neckline at $0.00000456 after forming a structure since February 2026. With a market cap of $2.05 billion, it currently trades near $0.00000496. The pattern indicates a target of $0.00000935, while a daily close below the neckline would invalidate the setup.
DOGE, the largest meme coin with a market cap of $15.3 billion, confirmed a double bottom pattern by closing above the $0.095 neckline. Trading at $0.098, the asset targets $0.1156. Sustained growth for these tokens depends on Bitcoin maintaining its position above its 50-week moving average.
