Hi,
the reason is that Python 3.6 is backwards-compatible with 3.5. Same thing with 3.7 and 3.8 and generally 3.x for x>=6. In contrast, Python 3.0 is backwards-incompatible with 2.7. So if you upgrade to 3.5 now, your program will also run in any Python 3 version later than 3.5. The big thing is to upgrade from Python 2 to Python 3, the minor version numbers don't play any significant role. So yes, you should definitely invest in upgrading to Python 3.
As far as I know Python doesn't distinguish between LTS and non-LTS versions. The latest version is 3.6. There's a convenient version table at https://en.wikipedia.org/wiki/CPython#Version_history.
Regards,
Antonis
Antonis Christofides http://djangodeployment.com
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