It's that time of the year for a stunning show in the sky of the Lyrid Meteor Shower.

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This meteor shower is annually active from April 16 to 25.

This year, the show in the sky is supposed to be extra amazing since the shower is occurring during its peak, after midnight on April 22 into the early morning of April 23, when a waxing crescent moon occurs, causing for a darker sky.

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Slooh, an online community observatory, released a statement further explaining this year's Lyrid Meteor Shower.

Slooh astronomer Bob Berman noted that a waxing crescent moon allows for "only 1/15th the brightness of a full moon" and this moon will set early "allowing excellent dark sky conditions for this shower."

"Typically, Lyrids produce a gratifying number of fireballs, which is surprising since their moderate speeds of 30 miles per second is only about 75% that of the August Perseids or November Leonids. This should be an exciting experience," Berman revealed.

Slooh will be broadcasting the shower live starting Wednesday, April 22, at 8 p.m. ET, which you can catch below.

Slooh believes this shower will be "special" since "visuals will be coming from a newly installed, low light camera at the Slooh Canary Islands Observatory," which is located in Spain.

Europe will have the best views of this shower, but anyone who steps outside should be able to watch the fireballs zipping in the sky especially during the peak time.

According to Slooh's website, during the shower's peak time, it will produce "10-20 meteors per hour."

Tags: Lyrid Meteor Shower 2015