The Reds have suffered four defeats in just ten games of the Premier League this season and will face Fulham at the weekend.
Mascherano told Zoo: “The league is still possible.
“If we start to win and keep winning, anything’s possible, but we cannot afford to drop more points. We have to start winning and then not stop.”
He added: “In football, you never know.
“If you start to win games, then it can happen. We have to forget about the past and just think about the future. And do it for us, for the team, and most of all, for the supporters.”
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Liverpool have unveiled their new home kit for next season, sticking with the hugely popular retro styling of the current shirt.
The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.