Jamie Carragher has warned Liverpool what could cost them in the Premier League title race after the defeat to Crystal Palace.

The Reds were beaten 1-0 at Anfield on Sunday as their title hopes were dealt a major blow. The loss came just three days after a 3-0 defeat to Atalanta in the Europa League to see Liverpool's European ambitions on the verge of coming to an end.

Jurgen Klopp's side are now third in the Premier League table and two points adrift of leaders Manchester City and second-placed Arsenal. Liverpool have just six more fixtures to try and overcome the deficit to win the title in Klopp's final season in charge.

Carragher was working as a pundit on Monday Night Football for Sky Sports when he analysed Liverpool's recent performances. The coverage noted how Liverpool's shot conversion rate has dramatically decreased over the last six league games.

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That run has included the wins over Nottingham Forest, Brighton and Sheffield, draws with Manchester City and Manchester United as well as the defeat to Palace. Liverpool's current shot conversion over a six-game rolling average is just 6 per cent, which is lower than the Premier League average of just below 12 per cent.

"It has to change," said Carragher on Sky Sports. "I think Liverpool’s xG in this run is around nine and they have scored two which is not great.

"For it to finish like that and go like that right now at the most pivotal of times is a huge problem for them. There is still time to fix that and get it back, but the nature of the players, it will always be a little bit like that in terms of the numbers we are looking at and the type of players that they are.

"But, that has to change very quickly if Liverpool are to get back in the title race."