Worth adding what you get instead of a liquid above the critical temperature, because it is genuinely interesting rather than a consolation prize.
Push past both the critical temperature and the critical pressure and the substance becomes a supercritical fluid. It is not a gas and not a liquid — it fills its container like a gas, dissolves things like a liquid, and there is no boundary or meniscus anywhere because there are no longer two distinct phases to separate.
The practical importance is real. Supercritical carbon dioxide is used industrially as a solvent, most famously for removing caffeine from coffee beans, precisely because it penetrates like a gas and dissolves like a liquid.
So the phase diagram does not end at the critical point. It stops having a line there, which is a different thing.