# Parshwa Turakhiya Identified Conditional $11.86 Support After Stellar Launch

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/35709
Published: 2026-10-20T14:07:22.000Z
Updated: 2026-10-20T14:07:22.000Z
Section: Investing

> His Oct. 16 analysis came two days after Chainlink Data Feeds and Data Streams went live on Stellar mainnet.

Parshwa Turakhiya identified $11.86 as conditional chart support for Chainlink (LINK) on Oct. 16, two days after Chainlink Data Feeds and Data Streams went live on Stellar mainnet.

Turakhiya’s analysis set $13.04 and $13.54 as conditional targets if LINK held above $11.86. It assigned no probabilities to either scenario.

Chainlink Data Feeds and Data Streams [went live on Stellar mainnet Oct. 14](<https://www.tokenpost.com/news/technology/34009>). Nine USD feeds, including LINK/USD, were listed for Stellar on Oct. 19.

Raja Chakravorti, chief business officer at the Stellar Development Foundation, said, “Tokenization is only the beginning. For onchain financial markets to operate at institutional scale, assets need reliable infrastructure for pricing, execution, and movement.”

A separate [LINK trading-range snapshot](<https://www.tokenpost.com/news/investing/33349>) recorded $11.86 as the low in a rolling range that reached $12.73 on Oct. 16. That range low is a price observation; the support label is Turakhiya’s chart interpretation.



## Links in this article

- [went live on Stellar mainnet Oct. 14](https://www.tokenpost.com/news/technology/34009)
- [LINK trading-range snapshot](https://www.tokenpost.com/news/investing/33349)
