Yes. This is supported by the history of the Latin and French languages, the Etymology, and the pronunciation of the noun candle from both the French and Latin analysis. Between the two languages, it is believed that Latin is the oldest. It was spoken during the period of Roman Republic, Monarchy, and Empire. It also was conversed during Medieval and Early contemporary Europe and as lingua franca in the Armenian Kingdom of Cilicia as well (Oyath 12). In addition, with the Roman invasion, Latin stretched to several Mediterranean areas, and the languages spoken in these regions, blended to different scales with the autochthonous tongues, grown into the Romance languages, incorporating French, Portuguese, Italian, and Spanish. This means that some of Latin words were incorporated into the French dialect, like the borrowing of the word candela to chandelle in French and candle in English. Therefore, it means that candle is a derivative English word from the Latin origin.
The second argument, which supports the Latin origin as the correct analysis is its etymology. Latin is an extremely inflected lingua, which is it is a style of synthetic tongue, notable from agglutinative lingos by its propensity to superimpose many morphemes in a mode that can be hard to segment, while French lingua is more of an agglutinative language. The way the word candle is inflected and synthetic and thus a high probability that it has its origin from the Latin language. The third argument is the pronunciation. The assumed origin from Latin candela is pronounced with a [k] sound while the presumed French origin chandelle is with [sh]. The English derivative candle has its pronunciation as the Latin predecessor that is [k]. Therefore it more inclined towards the Latin origin that the French one.
Work Cited
Oyath, Maxwell. The language path. Sineplast moments publishers, 2008