Cairo's court for urgent matters ruled on Monday that decisions on banning and freezing the assets of the Tamarod movement do not fall within the court's jurisdiction.
The court issued the ruling after considering a legal action filed by lawyer Ashraf Farahat that sought to close the group down.
The Tamarod movement was founded in April 2013 by a group of pro-revolutionary youths, mostly from the Nasserist Popular current, aiming to oust Islamist President Mohamed Morsi.
Tamarod called for early presidential elections, collecting signatures from the public for that purpose.
While the movement no longer operates, several of its key figures, including Mahmoud Badr and Mohamed Abdel-Aziz, support current president Abdel-Fattah El-Sisi.
Badr and Abdel-Aziz were members of the 50-member committee that amended the constitution following Morsi's ouster.
Badr is currently a member of the House of Representatives.
Meanwhile, Abdel-Aziz is now a member of the recently formed presidential commission to pardon prisoners.