After trailing Manchester City by 14 points on January 15th, the Reds have dropped only two points since and are only one point behind the team.
The race for the title in the English top flight is set to go down to the wire, with 10 of the most nail-biting title races in recent memory.
You can rank the title races at the bottom of the page.
Three years before the start of the English top-flight season, one of the most thrilling conclusions took place at Anfield.
In the final game of the 1988-89 campaign, the Reds were three points clear of their nearest challengers and had a marginally superior goal difference.
The Reds needed to score at least one more goal to overtake the Gunners, who took a lead through Alan Smith early in the second half.
With the game in injury time, Michael Thomas cool finish past Bruce Grobbelaar silenced the home crowd and gave the title to Arsenal.
The goals of Alan Shearer and Chris Sutton had propelled Kenny Dalglish's Blackburn to the top of the table, but Manchester United had closed to within two points of the Lancashire club going into the final.
When Shearer scored his 34th league goal of the season, it was Michael Hughes who opened the scoring for West Ham against United.
John Barnes tied the game for the Reds before Brian McClair restored parity for Manchester United.
Despite intense pressure from Ferguson's team at Upton park, a United winner never materialised and the title was claimed by Blackburn.
After Eric Cantona returned from a nine-month suspension, United slowly ate away at the lead of the Magpies, who had led the league by 12 points in February 1996.
They had a two-point cushion over the Magpies when they traveled to Middlesbrough on the final day, but they needed to beat Spurs at home to keep their title hopes alive.
However, those hopes were virtually extinguished when David May gave the Red Devils an early lead at the Riverside Stadium, with Andy Cole and Ryan Giggs putting the seal on a comfortable win in the second half.
On the final day of the season, Manchester United had a one-point advantage over their archrivals because of the 1-0 defeat by Leeds and the goalless draw at Blackburn.
The team played host to Spurs while the other team welcomed Villa.
Spurs appeared to be doing their north London rivals a favor when Les Ferdinand gave them an unlikely first-half lead, but goals from David Beckham and Andy Cole either side of half-time rendered the win over Villa meaningless.
United had won three league titles on the trot since the end of the seven-year wait for the top-flight crown.
The Red United knew that victory would be enough to stop the Gunners from winning the title for the second time in five seasons.
The visitors dominated from the outset and eventually got their noses in front through Sylvain Wiltord, who was quickest to react after Freddie Ljungberg's goal-bound effort was parried into the strikers path by United goalkeeper Fabien Barthez.
Manchester United won the league title despite only a goal difference difference difference with Avram Grant's team.
The Welshman scored his 10th goal of the season with a Wayne Rooney pass in the second half to give United the title.
10 days later, the Blues were beaten by the Red Devil in the final of the European Championship.
After finishing third behind United andLiverpool the previous year, Carlo Ancelotti's Chelsea needed to win to end the Red Devils' three-season reign as champion - and they did so in emphatic fashion against a hapless Wigan.
After Nicolas Anelka gave the Blues a sixth-minute lead, there was no doubt that they would win the title.
Anelka and Drogba both scored hat-tricks as the season came to a close.
The most famous moment in May 2012 was Manchester City and their star player,Sergio Aguero.
City were level on points with neighbours United going into the final weekend, but the former's superior goal difference meant a home win over Queens Park Rangers would guarantee the title.
As the game entered the final moments, Mark Hughes' Queens Park Rangers held on to a slender 2-1 advantage, while Manchester United led through Wayne Rooney's 20th-minute goal at the Stadium of Light.
The blue half of Manchester was in ecstasy after Edin Dzeko scored with virtually the last kick of the game to send City to their first top-flight title in 44 years.
Even though they lost 2-0 to Chelsea the previous week, all was not lost for the Reds as they traveled to Selhurst Park for their second-last game of the season.
Brendan Rodgers' side, who trailed Manchester City on goal difference, raced into a three goal lead and looked like they were going to keep up the pressure on their opponents.
However, a remarkable collapse allowed Palace to claim an unlikely point and leave talismanic Reds strikers Luis Suarez in tears at the final whistle.
After a 2-0 victory at West Ham on the final day, City won the title with a three-point lead over the Reds.
In one of the most remarkable title races of the Premier League era, Manchester City andLiverpool sat on 95 and 94 points, respectively, going into the final day of the season, which saw the two teams play host to Wolves.
The Glenn Murray opener set nerves jangling among the away fans at the Amex Stadium and raised hopes that the Reds might yet beat City for a first league crown in 29 years.
City recovered from their slow start to cruise to a comfortable 4-1 victory on the south coast and win the title.